Mumbai, Sept. 12 -- The headline equity indices traded with moderate gains in the afternoon trade amid positive global cues. Investors remained optimistic on signs of improving India-U.S. relations and prospects of a U.S. Fed rate cut next week.
The Nifty traded above the 25,100 level. Financial Services, auto and pharma shares advanced while FMCG, media and realty shares declined.
At 13:30 IST, the barometer index, the S&P BSE Sensex gained 385.28 points or 0.47% to 81,934.01. The Nifty 50 index rose 113.75 points or 0.46% to 25,119.25.
In the broader market, the S&P BSE Mid-Cap index rose 0.29% and the S&P BSE Small-Cap index jumped 0.38%.
The market breadth was positive. On the BSE 2,039 shares rose and 1,940 shares fell. A total o...
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