Mumbai, Nov. 26 -- The key equity benchmarks traded with modest gains in the morning trade. The Nifty traded above the 26,050 mark. Metal shares extended gains for the second consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, surged 559.31 points or 0.66% to 85,146.32. The Nifty 50 index rose 187.35 points or 0.72% to 26,065.90.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.93% and the S&P BSE Small-Cap index rose 0.95%.

The market breadth was strong. On the BSE, 2,632 shares rose and 989 shares fell. A total of 208 shares were unchanged.

New Listings:

Shares of Excelsoft Technologies were currently trading at Rs 139.35 at 10:20 IST on the BSE, representing a...