The Sensex hit the 50000-mark for the first time ever following a rise in global peers. However, the rally fizzled out towards the last hour of trade with the Sensex closing below the 50000-mark. The BSE Sensex ended at 49,624.76, down 167.36 points or 0.34%. The Nifty closed at 14,590.35, down 54.35 points or 0.37%.
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