Mumbai, Nov. 25 -- The key equity benchmarks traded sideways in mid-morning trade as firm global cues and Fed optimism reinforced expectations of another 25 bps cut. The Nifty traded above the 25,950 mark. Metal shares advanced after declining in the past two trading sessions.

At 11:30 ST, the barometer index, the S&P BSE Sensex, lost 18.59 points or 0.02% to 84,882.12. The Nifty 50 index rose 2.40 points or 0.01% to 25,961.80.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 0.11% and the S&P BSE Small-Cap index rose 0.07%.

The market breadth was positive. On the BSE, 1,967 shares rose and 1,858 shares fell. A total of 198 shares were unchanged.

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