Mumbai, Sept. 9 -- The headline equity benchmarks traded with minor gains in early afternoon trade. The Nifty traded above the 24,800 level. FMCG shares advanced after declining for previous two trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex gained 228.10 points or 0.28% to 81,018.45. The Nifty 50 index rose 67.05 points or 0.27% to 24,840.80.

In the broader, the S&P BSE Mid-Cap index rose 0.02% and the S&P BSE Small-Cap index jumped 0.14%.

The market breadth was negative. On the BSE, 1,907 shares rose and 1,992 shares fell. A total of 199 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 1.38% to 10.99. The Nifty 30 September 2...