Mumbai, Nov. 10 -- The key equity benchmarks traded with decent gains the in morning trade as investors grew optimistic about a potential resolution to the U.S. government shutdown, while also anticipating a robust corporate earnings season. The uptick followed a week of losses, driven by global volatility, which weighed on market sentiment.

The Nifty traded above the 25,600 level. IT shares advanced after declining for previous trading session.

At 10:30 ST, the barometer index, the S&P BSE Sensex, surged 425.30 points or 0.51% to 83,641.58. The Nifty 50 index added 122.65 points or 0.48% to 25,612.10.

In the broader market, the S&P BSE Mid-Cap index rose 0.44% and the S&P BSE Small-Cap index fell 0.22%.

The market breadth was positiv...