Mumbai, April 8 -- The key equity indices traded with major gains in early trade. The Nifty traded above the 22,500 level. All the sectoral indices on NSE traded in the green with consumer durables, realty and PSU bank shares gaining the most.

At 09:30 IST, the barometer index, the S&P BSE Sensex, climbed 1,209.41 points or 1.65% to 74,347.31. The Nifty 50 index soared 377.20 points or 1.70% to 22,538.80.

In the broader market, the S&P BSE Mid-Cap index jumped 2.01% and the S&P BSE Small-Cap index surged 2.29%.

The market breadth was weak. On the BSE, 2,575 shares rose and 324 shares fell. A total of 92 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 9,040.01 crore, while domestic institutional investors...