Mumbai, Feb. 1 -- The key equity benchmarks traded with minor gains in morning trade. The Nifty traded above the 23,550 mark. Realty shares extended gains for the fifth straight day.

At 10:30 IST, the barometer index, the S&P BSE Sensex, advanced 195.97 points or 0.25% to 77,696.54. The Nifty 50 index added 59.90 points or 0.25% to 23,568.30.

In the broader market, the S&P BSE Mid-Cap index advanced 0.61% and the S&P BSE Small-Cap index added 0.81%.

The market breadth was strong. On the BSE, 2,415 shares rose and 1,018 shares fell. A total of 172 shares were unchanged.

The Finance Minister, Nirmala Sitharaman will announce her eighth consecutive Union Budget at 11 am, today.

Economy:

Finance Minister, Nirmala Sitharaman will present...