Mumbai, Jan. 5 -- The key equity benchmarks recovered from early losses to trade marginally higher in the morning trade as investors weighed robust corporate updates against rising geopolitical risks. Early optimism over improving quarterly earnings was tempered by caution surrounding the implications of U.S. military action in Venezuela. The Nifty traded above the 26,350 mark, while auto shares extended gains for a fifth consecutive session.

At 10:30 ST, the barometer index, the S&P BSE Sensex, added 109.80 points or 0.11% to 85,854.13. The Nifty 50 index rose 29 points or 0.11% to 26,357.55.

In the broader market, the S&P BSE Mid-Cap index rose 0.17% and the S&P BSE Small-Cap index added 0.19%.

The market breadth was negative. On the...