Mumbai, June 25 -- The headline equity indices traded with major gains in the afternoon trade. The Nifty traded above the 24,200 level. Private bank shares extended gains for the second consecutive trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex, surged 610.50 points or 0.79% to 77,601.72. The Nifty 50 index added 186.90 points or 0.78% to 24,208.55.

In the broader market, the BSE 150 MidCap Index added 0.17% and the BSE 250 SmallCap Index fell 0.17%.

The market breadth was negative. On the BSE, 1,829 shares rose and 2,170 shares fell. A total of 216 shares were unchanged.

In the commodities market, Brent crude for August 2026 settlement fell $1.09 or 1.48% to $72.65 a barrel.

Derivatives:

The NSE's India VIX,...