IT stocks add to upward momentum as Sensex surges past 73,000, Nifty scales 22,000-mark

News Snapshot:

Domestic equity markets continue their upward movement on Monday, with the Sensex crossing the 73,000 mark and the Nifty scaling the key milestone of 22,000 for the first time. The 30-share BSE Sensex jumped 481 points, or 0.7 per cent to open at a fresh record of 73,049.87 on Monday. It was trading at 73,108.31, up 539.86 in the early morning trade. The Nifty 50 was trading at 22,023.85, up 128 points, or 0.6 per cent. It opened at 22,053.15, an all-time high, compared to the previous close of 21,894.55. “The rally in the market, primarily driven by momentum, is...