Mumbai, March 1 -- The key equity benchmarks marched higher and hit the day's high in morning trade. The Nifty traded above 22,200 level. Metal shares extended gains for the second consecutive trading session.

At 10:28 IST, the barometer index, the S&P BSE Sensex, was jumped 719.38 points or 0.99% to 73,219.68. The Nifty 50 index surged 222.95 points or 1.01% to 22,205.75.

In the broader market, The S&P BSE Mid-Cap index rose 0.49% and the S&P BSE Small-Cap index added 0.72%.

The market breadth was strong. On the BSE, 2,496 shares rose and 1,025 shares fell. A total of 150 shares were unchanged.

Economy:

India's economy grew much faster than expected in the October to December quarter. Data showed GDP grew 8.4% in the third fiscal qu...