Joe Biden's swearing in cheers Dalal Street; Sensex breaches 50,000-mark

At 11.16 am, the BSE Sensex was trading 343.60 points or 0.69 percent higher at 50,135.72. Similarly, the NSE Nifty jumped 96.90 points or 0.66 percent to 14,741.60. Major gainers in the Sensex pack were Bajaj Finserve, Bajaj Finance, Bajaj Auto, Axis Bank, RIL, HUL, ICICI Bank, Asian Paint, Indusind bank, M&M, Ultrachem, and Titan, rising upto 3.26 percent. On the other hand, major losers were HDFC Bank, TCS, Tech Mahindra, HDFC, ONGC, SBI, Sun Pharma and Powergrid, falling upto 1.32 percent.