Mumbai, April 17 -- The headline equity indices traded with modest gains in morning trade, as broader markets outperformed the benchmarks despite lingering fragility in sentiment, amid cautious optimism over potential US-Iran peace talks. Nifty traded tad above the 24,300 level. FMCG shares extended gains for a third consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, jumped 344.65 points or 0.44% to 78,333.33. The Nifty 50 index rose 104 points or 0.44% to 24,301.50.

In the broader market, the BSE 150 MidCap Index gained 0.99% and the BSE 250 SmallCap Index added 1.29%.

The market breadth was strong. On the BSE, 2,900 shares rose and 939 shares fell. A total of 211 shares were unchanged.

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