Mumbai, Oct. 23 -- The key domestic indices traded with major gains in afternoon trade, supported by robust quarterly earnings and renewed optimism over festive season demand. Investor sentiment was further lifted by recent tax cuts and policy measures, fuelling expectations that corporate profits will strengthen in the second half of FY26.

Barring Oil & Gas all the sectoral indices on the NSE were traded in green with IT, private bank and PSU Bank shares leading the rally.

At 14:25 ST, the barometer index, the S&P BSE Sensex rallied 668.14 points or 0.79% to 85,094.48. The Nifty 50 index rose 181.50 points or 0.70% to 26,050.40.

In the broader market, the S&P BSE Mid-Cap index advanced 0.32% and the S&P BSE Small-Cap index fell 0.06%....