Mumbai, Aug. 11 -- The key equity benchmarks traded with modest gains in the morning trade. The Nifty traded hovered above the 24,400 level. Investors awaited for economic data releases, including WPI, CPI and trade balance, scheduled for later this week.

PSU Bank shares advanced after declining the past trading session.

At 10:25IST, the barometer index, the S&P BSE Sensex advanced 242.14 points or 0.31% to 80,098.88. The Nifty 50 index added 73.95 points or 0.31% to 24,439.80.

In the broader market, the S&P BSE Mid-Cap index rose 0.34%, while the S&P BSE Small-Cap index remained unchanged 0.00%.

The market breadth was negative. On the BSE, 1,602 shares rose and 1,756 shares fell. A total of 136 shares were unchanged.

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