Mumbai, Feb. 25 -- The domestic equity benchmarks traded with major gains in the morning trade, supported by a recovery in technology stocks following the previous session's sharp selloff that had dragged the indices lower. The Nifty traded above the 25,600 level. IT shares advanced after declining in the past five consecutive trading sessions.

At 10:30 IST, the barometer index, the S&P BSE Sensex, surged 650.09 points or 0.79% to 82,876.01. The Nifty 50 index gained 213.55 points or 0.83% to 25,638.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index rallied 0.63% and the BSE 250 SmallCap Index jumped 0.65%.

The market breadth was strong. On the BSE, 2,307 shares rose and 1,253 shares fell. A total of 220 s...