Mumbai, Nov. 28 -- The key domestic indices traded with small gains in the early afternoon trade, supported by rising expectations of an interest rate cut by RBI in its December meeting. Investors now await the release of Q2 GDP data due later today. The Nifty traded above the 26,200 mark.

Pharma shares witnessed buying demand for fourth consecutive trading sessions.

At 12:25 IST, the barometer index, the S&P BSE Sensex advanced 38.99 points or 0.05% to 85,759.37. The Nifty 50 index added 5.05 points or 0.02% to 26,220.60.

In the broader market, the S&P BSE Mid-Cap index shed 0.07% and the S&P BSE Small-Cap index fell 0.13%.

The market breadth was almost even. On the BSE,1,960 shares rose and 1,950 shares fell. A total of 219 shares w...