Mumbai, March 17 -- The key equity barometers traded with moderate gains in the morning trade. The Nifty traded near the 22,500 level. Pharma shares advanced after declining in the past trading sessions.

At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 291.97 points or 0.43% to 74,143.70. The Nifty 50 index added 95.30 points or 0.43% to 22,492.50.

In the broader market, the S&P BSE Mid-Cap index advanced 0.63% and the S&P BSE Small-Cap index rose 0.42%.

The market breadth was positive. On the BSE, 2,014 shares rose and 1,690 shares fell. A total of 210 shares were unchanged.

Economy:

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