Mumbai, June 9 -- The key equity benchmarks continued to trade with modest gains in morning trade. The Nifty traded above the 25,100 level. PSU bank shares extended gains for the second consecutive session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, added 375.52 points or 0.46% to 82,564.51. The Nifty 50 index rose 120.90 points or 0.48% to 25,121.20.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.88% and the S&P BSE Small-Cap index added 0.93%.

The market breadth was strong. On the BSE, 2,675 shares rose and 1,106 shares fell. A total of 220 shares were unchanged.

Economy:

India's forex reserves dropped by $1.237 billion to $691.485 billion for the week ended May 30, the RBI said ...