Benchmark domestic equity indices, Sensex and Nifty, were trading higher in the afternoon trade today, boosted by buying across all sectors. The 30-share BSE Sensex surged 740 points, or 0.96 per cent, to 77,500 and the NSE Nifty50 gained 260 points, or 1.12 per cent, to 23,510 when reports last came in.

The broader market at the Bombay Stock Exchange was also trading with gains. The Mid-Cap index rose over 1.3 per cent and the Small-Cap index increased over 1.4 per cent, a short while ago.