Mumbai, Dec. 11 -- The key equity barometers traded with modest gains in early-afternoon trade after the U.S. Federal Reserve delivered its widely anticipated 25-basis-point rate cut, a move investors hope will help temper foreign outflows. The Nifty traded above the 25,850 mark. All sectoral indices traded in green on the NSE.

At 1:30 ST, the barometer index, the S&P BSE Sensex, surged 350.03 points or 0.41% to 84,741.30. The Nifty 50 index rose 118.90 points or 0.46% to 25,874.95.

In the broader market, the S&P BSE Mid-Cap index added 0.67% and the S&P BSE Small-Cap index rose 0.40%.

The market breadth was positive. On the BSE, 2,322 shares rose and 1,694 shares fell. A total of 190 shares were unchanged.

Gainers & Losers:

Kotak Ma...