Nifty trades above 9,220-mark, Sensex surges 200 ponts

S&P BSE Midcap and the S&P BSE Smallcap indices added 0.6% and 1.21% respectively

Benchmark indices extended morning gains with Sensex up 200 points and Nifty50 trading near its all-time high mark after the manufacturing sector expanded at the fastest pace in five months in March.

The Nikkei Manufacturing Purchasing Managers' Index rose to 52.5 in March, from 50.7 in February. This is the third month in a row that it has been above the 50 mark that separates growth from contraction. Finance Minister Arun Jaitley pegging India's GDP growth at 7.7% in 2018 also affected the sentiment.
 
In the early-morning trade, Nifty gained as much as 47 points to 9220, surpassing its