Mumbai, Oct. 29 -- The key equity indices continued to trade with significant gains in mid-morning trade on Thursday. Sentiment improved as Brent crude prices declined amid encouraging signs of renewed diplomatic efforts with Iran, boosting investor optimism. The Nifty traded above 22,800 level.

FMCG shares advanced after declining in the past trading session.

At 11:25 IST, the barometer index, the S&P BSE Sensex advanced 523.77 points or 0.71% to 73,768.89. The Nifty 50 index rose 144.80 points or 0.64% to 22,843.65.

In the broader market, the Nifty MidCap 150 Index rose 0.33% and the BSE 250 SmallCap Index added 0.43%.

The market breadth was positive. On the NSE, 1,964 shares rose and 1,346 shares fell. A total of 111 shares were un...