Mumbai, Oct. 10 -- The headline equity indices traded with substantial gains in morning trade. The Nifty traded above the 25,050 mark. Oil & gas shares advanced after declining in the past trading session.

At 10:28 IST, the barometer index, the S&P BSE Sensex rose 407.76 points or 0.50% to 81,873.01. The Nifty 50 index added 110.30 points or 0.44% to 25,092.25.

In the broader market, the S&P BSE Mid-Cap index gained 0.54% and the S&P BSE Small-Cap index rose 0.86%.

The market breadth was strong. On the BSE, 2,538 shares rose and 981 shares fell. A total of 162 shares were unchanged.

Ratan Tata, the Chairman Emeritus of Tata Sons and a recipient of India's second-highest civilian honor, the Padma Vibhushan, passed away on Wednesday at ...