Mumbai, March 5 -- The key equity benchmarks trade with significant gains in mid- afternoon trade. The Nifty traded above the 22,300 level. PSU Bank shares extended gains for the two consecutive trading sessions.

At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 695.57 points or 0.95% to 73,682.54. The Nifty 50 index added 241.90 points or 1.10% to 22,325.55.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index advanced 2.25% and the S&P BSE Small-Cap index jumped 2.26%.

The market breadth was strong. On the BSE, 3,184 shares rose and 767 shares fell. A total of 97 shares were unchanged.

Economy:

The HSBC India Services PMI was revised to 59.0 in February 2025 from 61.6 (flash), up from Januar...