Sensex opens 400 points higher, reclaims 50,000

Mumbai, March 2 : The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex surging over 400 points.
Sensex opened at 50,258.09, higher by 408.25 points from its previous close of 49,849.84 points.
Healthy buying was witnessed in IT, oil and gas and banking stocks.
The gainers on the Sensex were Bajaj Finance, Tech Mahindra and Infosys, while the only losers were ONGC, HDFC and Power Grid.
At around 9.25 a.m., it was trading at 50,240.45, higher by 390.61 points or 0.78 per cent from its previous close.
It has so far touched an intra-day high of 50,261.93.