Mumbai, March 24 -- The key equity benchmarks traded with significant gains in mid-morning trade. The Nifty traded above 23,600 level. Private bank shares soared for the sixth consecutive trading session.

At 11:25 IST, the barometer index, the S&P BSE Sensex, added 884.85 points or 1.15% to 77,811.95. The Nifty 50 index advanced 263.95 points or 1.13% to 23,614.35.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 1.26% and the S&P BSE Small-Cap index added 1.34%.

The market breadth was strong. On the BSE, 2,773 shares rose and 1,130 shares fell. A total of 203 shares were unchanged.

Economy:

India's private sector economy ended the 2024/25 fiscal year on strong footing, sustaining robust expansi...