Mumbai, March 20 -- The key equity indices traded with substantial gains in early afternoon trade. The Nifty traded above 23,050 mark. Auto shares jumped after declining in the past trading session.

At 12:25 IST, the barometer index, the S&P BSE Sensex, advanced 515.02 points or 0.69% to 75,970.38. The Nifty 50 index jumped 166.85 points or 0.73% to 23,074.45.

In the broader market, the S&P BSE Mid-Cap index rose 0.65% and the S&P BSE Small-Cap index added 0.62%.

The market breadth was strong. On the BSE, 2,474 shares rose and 1,373 shares fell. A total of 154 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.96% to 13.34. The Nifty 27 March 2025 futu...