Mumbai, July 23 -- The key equity indices traded with moderate gains in mid-morning trade, supported by positive global cues. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty hovered above 25,100 level

Private bank shares advanced after declining in the past trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex advanced 230.28 points or 0.28% to 82,420.21. The Nifty 50 index added 66.25 points or 0.27% to 25,128.55.

In the broader market, the S&P BSE Mid-Cap index fell 0.25% and the S&P BSE Small-Cap index dropped 0.19%.

The market breadth was positive. On the BSE, 1,642 shares rose and 2,064 shares fell. A total of 218 shares were unchanged.

IPO up...