The benchmark BSE sensex rose about 50 points in early trade on Tuesday on sustained buying by funds and retail investors amid mixed global cues.

Rising for the second straight session, the BSE 30-share barometer surged 49.98 points, or 0.17 per cent, to 29,098.17.

The gauge had rallied 215.74 points in the previous session.

Sectoral indices, led by power, oil & gas, consumer durables, PSU, FMCG, capital goods, auto and banking, were in the green, gaining by up to 0.69 per cent. Shares of Adani Power surged 5.58 per cent to Rs 40.70, while Reliance Power was quoting 3.63 per cent higher at Rs 48.55.

Source: timesofindia.indiatimes.com