The frontline indices traded with small gains in mid-morning trade. The Nifty hovered above the 22,450 mark. Media shares advanced after declining in the two trading sessions.

At 11:27 IST, the barometer index, the S&P BSE Sensex, was up 71.21 points or 0.10% to 74,157.20. The Nifty 50 index rose 20.95 points or 0.09% to 22,495.

The Nifty and the Sensex hit all-time highs in mid-morning trade at 22,523.65 and 74,245.17, respectively.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.60% and the S&P BSE Small-Cap index gained 0.94%.

The market breadth was strong. On the BSE, 2,207 shares rose and 1,442 shares fell. A total of 125 shares were unchanged.

Economy:

India's GDP growth in the current fiscal year ending in Ma...

• 

  (01-Jan-16 08:45)

  Market may edge higher in early trade
• 

  (01-Jan-16 08:55)

  Metal stocks may slide on weak Chinese data
• 

  (01-Jan-16 09:34)

  Market drops in early trade
• 

  (01-Jan-16 10:17)

  Strong market breadth