Mumbai, May 14 -- The frontline indices traded with modest gains in mid-morning trade, supported by softer-than-expected U.S. inflation data and easing trade tensions between the U.S. and China. The Nifty hovered above the 24,700 level. Realty shares advanced after retreating in the previous trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, advanced 334.25 points or 0.41% to 81,482.47. The Nifty 50 index jumped 135.30 points or 0.55% to 24,714.35.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 1.09% and the S&P BSE Small-Cap index added 1.34%.

The market breadth was strong. On the BSE, 2,758 shares rose and 933 shares fell. A total of 177 shares were unchanged.

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