Mumbai, April 15 -- The key equity barometers continued to trade with major gains in mid-morning trade, buoyed by positive global cues following U.S. President Donald Trump's announcement of tariff exemptions on electronic goods. The Nifty hovered above the 23,300 level. Auto shares extended gains for the fourth consecutive trading session.

At 11:28 IST, the barometer index, the S&P BSE Sensex, surged 1,594.81 points or 2.12% to 76,752.07. The Nifty 50 index jumped 482.10 points or 2.11% to 23,312.15.

In the broader market, the S&P BSE Mid-Cap index advanced 2.04% and the S&P BSE Small-Cap index rallied 2.61%.

The market breadth was strong. On the BSE, 3,173 shares rose and 659 shares fell. A total of 220 shares were unchanged.

Buzzin...