Mumbai, April 23 -- The key equity benchmarks traded with significant gains in mid-afternoon trade, amid positive global sentiment following reassuring comments from US President Donald Trump regarding Fed Chair Jerome Powell and US-China trade relations. The Nifty scaled above the 24,300 level after hitting the day's low of 24,119.95 in mid-morning trade.

Auto shares witnessed buying demand for fourth consecutive trading session

At 14:25 IST, the barometer index, the S&P BSE Sensex advanced 470.78 points or 0.60% to 80,069.21. The Nifty 50 index rose 141.10 points or 0.58% to 24,308.35.

In the broader market, the S&P BSE Mid-Cap index rose 0.79% and the S&P BSE Small-Cap index added 0.15%.

The market breadth was negative. On the BSE,...