Mumbai, Oct. 27 -- The key equity indices traded with significant gains in the mid-morning trade, rebounding after Friday's pause in a six-session winning streak, as softer-than-expected U.S. inflation data boosted expectations of two more rate cuts in 2025.

The Nifty traded above the 25,950 mark. Oil & Gas shares extended gains for second consecutive trading session.

At 11:29 ST, the barometer index, the S&P BSE Sensex, rallied 623.93 points or 0.74% to 84,835.81. The Nifty 50 index added 182.20 points or 0.70% to 25,977.65.

In the broader market, the S&P BSE Mid-Cap index rose 0.63% and the S&P BSE Small-Cap index added 0.38%.

The market breadth was positive. On the BSE, 2,121 shares rose and 1,842 shares fell. A total of 241 shares...