Mumbai, April 2 -- The headline equity indices traded with substantial gains in the mid-morning trade, as buying in blue-chip stocks lifted investor sentiment. The Nifty traded above the 23,250 mark. Consumer durables shares advanced after declining in the past two consecutive trading sessions.

At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 453.71 points or 0.60% to 76,478.36. The Nifty 50 index added 111.40 points or 0.48% to 23,277.10.

In the broader market, the S&P BSE Mid-Cap index rose 0.94% and the S&P BSE Small-Cap index added 0.66%.

The market breadth was strong. On the BSE, 2,619 shares rose and 1,099 shares fell. A total of 177 shares were unchanged.

Economy:

India's manufacturing sector growth recovered the ...