Mumbai, March 10 -- The headline equity indices traded with strong gains in morning trade, supported by improved market sentiment after U.S. President Donald Trump's comments on the Iran war, a decline in oil prices and other positive cues following the recent selloff. The Nifty traded above the 24,150 mark. Auto stocks advanced after declining in the previous two trading sessions.

At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 482.29 points or 0.55% to 77,994.45. The Nifty 50 index gained 133.40 points or 0.56% to 24,163.65.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 1.03% and the BSE 250 SmallCap Index gained 1.18%.

The market breadth was strong. On the BSE, 2,841 shares ro...