The Indian equity benchmarks moved higher on Tuesday paced by gains in metal, FMCG and Media shares. The Sensex rose as much as 309 points to hit an intraday high of 50,961 and Nifty 50 index touched an intraday high of 15,293.85. HDFC, Infosys, Asian Paints, Hindustan Unilever and Larsen & Toubro were among the top movers in the 30-share Sensex.
As of 9:24 am, the Sensex was up 225 points at 50,876 and Nifty 50 index climbed 71 points to 15,269.
Buying was visible across board as all the 11 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Metal index’s 1.5 per cent gain. Nifty Media, Auto, FMCG and Realty Indices also rose between 0.5-1 per cent.