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Sensex, Nifty rise for fifth straight session amid positive global market cues

The Sensex and Nifty climbed for the fifth straight session amid positive global market cues.

Benchmark domestic stocks today surged around half a percent in intra-day trade to hit fresh record highs. The Sensex and Nifty climbed for the fifth straight session amid positive global market cues.

The Sensex gained to trade above 50,800 mark while the Nifty climbed to trade around 15,000 level.

The Sensex was trading 237 points, or 0.47 percent, up at 50,851. The NSE Nifty also gained 65 points, or 0.44 percent to trade at 14,961.

At the forex market, the rupee appreciated five paise to 72 rupees and 92 paise against the US dollar in afternoon deals.

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