Mumbai, Nov. 10 -- The key equity indices traded with significant gains in the mid-morning trade. The Nifty traded above the 25,600 level. Metal shares extended gains for second consecutive trading session.

At 11:30 ST, the barometer index, the S&P BSE Sensex, surged 504.05 points or 0.61% to 83,720.33. The Nifty 50 index added 153.25 points or 0.60% to 25,643.65.

In the broader market, the S&P BSE Mid-Cap index rose 0.66% and the S&P BSE Small-Cap index fell 0.16%.

The market breadth was positive. On the BSE, 2,032 shares rose and 1,988 shares fell. A total of 233 shares were unchanged.

IPO Update:

Pine Labs received bids for 1,73,50,521 shares as against 9,78,93,739 shares on offer, according to stock exchange data at 11:18 IST on ...