Mumbai, Nov. 28 -- The key equity benchmarks continued to trade with minor gains in mid-morning trade, supported by optimism over potential rate cuts in the U.S. and India, while investors awaited quarterly GDP data expected to reflect resilient domestic demand. The Nifty traded above the 26,200 level. Metal shares advanced after declining in the past trading session.

At 11:30 ST, the barometer index, the S&P BSE Sensex, added 119.38 points or 0.14% to 85,839.76. The Nifty 50 index rose 23.60 points or 0.09% to 26,238.80.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.02% and the S&P BSE Small-Cap index shed 0.06%.

The market breadth was positive. On the BSE, 1,943 shares rose and 1,826 shares...