Sensex soars 834 pts; broader market lags
Key indices were trading at day's high with robust gains in mid-afternoon trade. The Nifty traded above the 14,850 level. Strong buying was seen in banks, financials and auto stocks. At 14:27 IST, the barometer index, the S&P BSE Sensex, jumped 834.18 points or 1.7% at 49,778.87. The Nifty 50 index gained 227.95 points or 1.56% at 14,881.75. The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index rose 1.05% while the S&P BSE Small-Cap index added 0.82%. Buyers outpaced sellers. On the BSE, 1,832 shares rose and 1060 shares fell. A total of 178 shares were unchanged...