Mumbai, Nov. 2 -- The key equity benchmarks traded with major gains in the morning trade. The Nifty traded above the 23,300 level. Oil & gas shares advanced after declining in the past trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 995.06 points or 1.34% to 75,439.55. The Nifty 50 index rose 281.55 points or 1.22% to 23,334.95.

In the broader market, the BSE 150 MidCap Index gained 1.05% and the BSE 250 SmallCap Index added 1.59%.

The market breadth was strong. On the BSE, 2,664 shares rose and 1,217 shares fell. A total of 269 shares were unchanged.

New Listing:

Shares of EAAA India Alternatives were currently trading at Rs 1,721.45 at 10:25 IST on the BSE, representing a premium of 3.39% as compared ...