Mumbai, Sept. 12 -- The key equity indices continued to trade with modest gains in mid-morning 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. Market participants awaited for CPI inflation data, scheduled later today. The Nifty traded above the 25,100 level.

Pharma shares witnessed buying demand for the fourth consecutive trading session.

At 11:25 IST, the barometer index, the S&P BSE Sensex gained 372 points or 0.46% to 81,922.19. The Nifty 50 index rose 114.85 points or 0.46% to 25,120.35.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.25% and the S&P BSE Small-Cap index jumped 0.37%.

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