Mumbai, June 11 -- The key equity benchmark traded with moderate gains in early afternoon trade, lifted by positive global trade developments. Optimism from Asian markets and hopeful signals from US-China trade negotiations in London boosted investor sentiment. The Nifty traded a tad above the 25,200 level. IT shares extended gains for the sixth consecutive trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex, added 311.35 points or 0.38% to 82,703.07. The Nifty 50 index rose 100.40 points or 0.40% to 25,205.80.

In the broader market, the S&P BSE Mid-Cap index rose 0.24% and the S&P BSE Small-Cap index added 0.62%.

The market breadth was strong. On the BSE, 2,590 shares rose and 1,329 shares fell. A total of 143 share...