India, April 7 -- The Australian stock market is sharply extending its early gains in mid-market trading on Tuesday, snapping a three-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 7,400 level, with gains across all sectors led by gold miners and technology stocks as some traders picked stocks at a bargain after the recent slump.
The benchmark S&P/ASX 200 Index is gaining 106.70 points or 1.45 percent to 7,450.00, after touching a high of 7,481.80 earlier. The broader All Ordinaries Index is up 123.30 points or 1.64 percent to 7,647.60. Australian stocks closed sharply lower on Monday.
Among the major miners, BHP Group is gaining more than 2 percent, Fortescue...