Mumbai, May 2 -- The headline equity benchmarks traded with robust gains in the morning trade, lifted by improved sentiment after U.S. President Donald Trump hinted at a potential trade deal with New Delhi. The Nifty climbed above the 24,550 mark. Auto shares extended gains for the two consecutive trading sessions.

At 10:30 ST, the barometer index, the S&P BSE Sensex, surged 744.53 points or 0.93% to 80,997.31. The Nifty 50 index gained 187.15 points or 0.80% to 24,523.35.

In the broader market, the S&P BSE Mid-Cap index rose 0.68% and the S&P BSE Small-Cap index added 0.63%.

The market breadth was strong. On the BSE, 2,319 shares rose and 1,114 shares fell. A total of 216 shares were unchanged.

Economy:

India's Goods and Services Ta...