Mumbai, April 21 -- The key domestic indices traded with significant gains in early trade, supported by optimism over potential peace talks between the US and Iran. Investor sentiment also remained upbeat amid easing crude oil prices. However, market participants shifted their focus to Q4 earnings. The Nifty traded near the 24,500 level.

Media shares witnessed buying demand for the five consecutive trading sessions.

At 10:25 IST, the barometer index, the S&P BSE Sensex jumped 484.73 points or 0.62% to 79,005.03. The Nifty 50 index rose 128.70 points or 0.53% to 24,493.40.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 0.80% and the BSE 250 SmallCap Index added 1.11%.

The market breadth was stron...