Mumbai, Nov. 10 -- The domestic equity indices traded with significant gains in the early afternoon trade. The Nifty traded above the 25,600 level. Pharma shares advanced after declining in the past three consecutive trading sessions.

At 11:30 ST, the barometer index, the S&P BSE Sensex, surged 479.50 points or 0.58% to 83,695.78. The Nifty 50 index added 141.45 points or 0.55% to 25,633.35.

In the broader market, the S&P BSE Mid-Cap index rose 0.54% and the S&P BSE Small-Cap index fell 0.20%.

The market breadth was positive. On the BSE, 2,028 shares rose and 2,115 shares fell. A total of 215 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.37% to 12...