Mumbai, June 24 -- The key equity indices traded with impressive gains in the mid-morning trade, tracking a sharp rally in Asian markets after US President Donald Trump announced a ceasefire agreement between Iran and Israel. The easing of geopolitical tensions led to a pullback in global crude oil prices, providing further support to domestic equities.
The Nifty traded above the 25,250 mark. Auto shares advanced after declining for the past trading session.
At 11:30 ST, the barometer index, the S&P BSE Sensex, zoomed 1,025.94 points or 1.25% to 82,924.41. The Nifty 50 index rallied 305.95 points or 1.22% to 25,277.56.
In the broader market, the S&P BSE Mid-Cap index rose 0.87% and the S&P BSE Small-Cap index added 1.05%.
The market b...
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