Mumbai, Oct. 17 -- The key equity indices traded with modest gains in the morning trade. The Nifty traded above the 25,650 mark. FMCG shares extending gains for the third consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 347.78 points or 0.42% to 83,815.44. The Nifty 50 index rose 102.90 points or 0.40% to 25,688.20.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.09% and the S&P BSE Small-Cap index shed 0.06%.

The market breadth was negative. On the BSE, 1,729 shares rose and 1,874 shares fell. A total of 239 shares were unchanged.

New Listing:

Shares of Canara HSBC Life Insurance Company were currently trading at Rs 109.45 at 10:20 IST on the B...