Mumbai, March 18 -- The key equity indices traded with major gains in the mid-afternoon trade. The Nifty hovered above the 22,750 mark. Auto shares jumped for the second consecutive trading session.

At 14:28 IST, the barometer index, the S&P BSE Sensex, surged 927.77 points or 1.25% to 75,097.72. The Nifty 50 index rallied 274.80 points or 1.22% to 22,783.55.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 1.77% and the S&P BSE Small-Cap index jumped 2.55%.

The market breadth was strong. On the BSE, 2,765 shares rose and 1,195 shares fell. A total of 144 shares were unchanged.

Economy:

India's merchandise exports during February 2025 were $36.91 billion as compared to $41.41 billion in February ...