Mumbai, April 21 -- The key equity benchmarks traded with significant gains in morning trade, led by a rally in banking stocks. Investors are looking forward for Q4 results from the bluechip companies. The Nifty climbed above the 24,000 level. PSU Bank shares advanced for the fifth consecutive trading session.

All eyes will also be on the upcoming Spring Meetings of the World Bank Group and the International Monetary Fund (IMF), set to take place from April 21-26 in Washington, D.C. On the agenda: the ripple effects of trade tensions on global growth and updates on the progress of the World Bank and IMF's initiatives.

At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 538.37 points or 0.68% to 79,094.55. The Nifty 50 index ...