Mumbai, July 30 -- The headline equity indices traded with decent gains in mid-afternoon trade. The Nifty traded above the 24,850 mark. FMCG shares extended gains for the third consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex advanced 203.94 points or 0.25% to 81,541.89. The Nifty 50 index gained 56.95 points or 0.23% to 24,877.80.

In the broader market, the S&P BSE Mid-Cap index rose 0.16% and the S&P BSE Small-Cap index added 0.21%.

The market breadth was positive. On the BSE, 2,036 shares rose and 1,905 shares fell. A total of 157 shares were unchanged.

Economy:

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