Mumbai, Jan. 22 -- The key equity barometers traded with modest gains in mid-afternoon trade, as selective profit booking and continued FII selling kept investors cautious ahead of key Q3 earnings announcements and cues from the World Economic Forum in Davos. The Nifty traded above the 25,200 level. FMCG shares advanced after declining in the previous two trading sessions.

At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 329.93 points or 0.40% to 82,257.41. The Nifty 50 index rose 78.20 points or 0.31% to 25,236.05.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index added 1.06% and the S&P BSE Small-Cap index rose 0.98%.

The market breadth was strong. On the BSE, 2,866 shares rose and 1,272 sh...