Mumbai, March 21 -- The key domestic indices traded with strong gains in the mid-afternoon trade. The Nifty traded above the 23,350 mark. Oil & gas shares jumped for the fourth consecutive trading session.

At 14:25 IST, the barometer index, the S&P BSE Sensex, surged 546.15 points or 0.71% to 76,902.45. The Nifty 50 index rallied 174.75 points or 0.75% to 23,365.40.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 1.03% and the S&P BSE Small-Cap index jumped 1.71%.

The market breadth was strong. On the BSE, 2,768 shares rose and 1,201 shares fell. A total of 138 shares were unchanged.

Buzzing Index:

The Nifty Oil & Gas index added 2.24% to 10,586.10. The index jumped 5.69% for the four consecutiv...