Mumbai, April 10 -- The frontline equity benchmarks traded with substantial gains in the mid-morning trade. The Nifty traded above the 23,950 mark, reflecting positive market sentiment. Realty stocks led the rally, rebounding sharply after witnessing a decline in the previous trading session.

At 11:27 IST, the barometer index, the S&P BSE Sensex, jumped 695.18 points or 0.90% to 77,325.62. The Nifty 50 index climbed 201.60 points or 0.86% to 23,979.25.

In the broader market, the BSE 150 MidCap Index surged 1.13% and the BSE 250 SmallCap Index soared 1.59%.

The market breadth was positive. On the BSE, 3,284 shares rose and 723 shares fell. A total of 189 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of...