Mumbai, July 7 -- The key equity barometers traded with modest gains in the morning trade. Nifty traded above the 24,450 mark. IT shares advanced after declining in the previous trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 218.86 points or 0.28% to 78,503.93. The Nifty 50 index rose 62.45 points or 0.26% to 24,492.80.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index declined 0.50% and the BSE 250 SmallCap Index fell 0.78%.

The market breadth was negative. On the BSE, 1,429 shares rose and 2,222 shares fell. A total of 209 shares were unchanged.

Buzzing Index:

The Nifty IT index jumped 2.51% to 27,960.20. The index fell 0.59% in the past trading session.

Infosys (up 3...