Mumbai, Nov. 5 -- The key equity benchmarks traded with strong gains in morning trade, supported by a sharp decline in crude oil prices following the US midterm election results. The Nifty traded above the 24,350 mark. Auto shares extended gains for the fourth consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 1,476.68 points or 1.91% to 78,794.58. The Nifty 50 index rose 434.95 points or 1.82% to 24,391.80.

In the broader market, the BSE 150 MidCap Index gained 1.81% and the BSE 250 SmallCap Index added 1.47%.

The market breadth was strong. On the BSE, 3,130 shares rose and 820 shares fell. A total of 219 shares were unchanged.

New Listing:

Shares of Bombay Coated & Special Steels were current...