Sensex, Nifty hit upper circuit, trading halted

Mumbai, May 18 (ANI): Markets on Monday hailed the return of the ruling United Progressive Alliance's (UPA) to power with the Bombay Stock Exchange's (BSE) Sensex and National Stock Exchange's Nifty hitting the upper circuit, following which trading was halted for an hour.

The BSE Sensex opened on 1,305.97 points or 10.73 percent at 13,479.39, while the NSE's Nifty was locked at 4203.30, higher by 14.48 per cent or 531.65 points.

All major sector-indices were in the positive zone.

It is for the first time that the Sensex has hit the upper circuit of 10 percent. (ANI)