Mumbai, Feb. 20 -- The key equity indices traded with major gains in early afternoon trade despite rising geopolitical tensions and uncertainty over global growth prospects. Investors are also closely monitoring developments at the AI Summit 2026 in Delhi.

FMCG shares jumped after declining in the past trading session.

At 12:25 PM ST, the barometer index, the S&P BSE Sensex advanced 596.40 points or 0.72% to 83,094.54. The Nifty 50 index jumped 201.40 points or 0.79% to 25,655.75.

In the broader market, the BSE 150 MidCap Index fell 0.68% and the BSE 250 SmallCap Index dropped 0.46%.

The market breadth was positive. On the BSE, 1,471 shares rose and 2,413 shares fell. A total of 217 shares were unchanged.

Economy:

HSBC India Service...