Mumbai, June 9 -- The frontline indices traded with modest gains in mid-morning trade, buoyed by positive global sentiment and reinforced by the Reserve Bank of India's firm monetary policy stance. The Nifty traded above the 25,100 level. Private bank shares extended gains for the second consecutive trading session.
At 11:29 IST, the barometer index, the S&P BSE Sensex, added 332.89 points or 0.41% to 82,531.41. The Nifty 50 index rose 113.55 points or 0.45% to 25,115.45.
The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.94% and the S&P BSE Small-Cap index added 1.01%.
The market breadth was strong. On the BSE, 2,730 shares rose and 1,198 shares fell. A total of 193 shares were unchanged.
Economy:...
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