Mumbai, Nov. 11 -- The domestic equity indices erased all earlier losses and traded with significant gains in the mid- afternoon trade. The Nifty traded above the 25,650 mark. IT shares extended gains for second consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex, added 304.86 points or 0.36% to 83,840.21. The Nifty 50 index rose 120.05 points or 0.48% to 25,696.05.

In the broader market, the S&P BSE Mid-Cap index rose 0.08% and the S&P BSE Small-Cap index fell 0.16%.

The market breadth was negative. On the BSE, 1,839 shares rose and 2,265 shares fell. A total of 201 shares were unchanged.

Buzzing Index:

The Nifty IT index added 0.90% to 36,009.35. The index rallied 2.53% in the two consecutive trading...