Mumbai, July 10 -- The key equity barometers traded with major gains in early afternoon trade. The Nifty traded bove the 24,150 mark. Realty shares extended gains for two consecutive trading sessions.

At 12:30 IST, the barometer index, the S&P BSE Sensex, jumped 744.02 points or 0.97% to 77,485.84. The Nifty 50 index rose 222 points or 0.93% to 24,183.20.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 1.23% and the BSE 250 SmallCap Index rose 1.17%.

The market breadth was strong. On the BSE, 2,772 shares rose and 1,239 shares fell. A total of 216 shares were unchanged.

Derivatives :

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tanked 7.10% to 12.41. ...