Mumbai, Aug. 11 -- The key equity indices traded with significant gains in mid-afternoon trade as investors shrugged off the trump's tariff decision and engaged in bargain buying. Market participants will closely track crude oil prices, FII activity, and developments on the tariff front, while awaiting key economic data releases, including WPI, CPI, and trade balance, scheduled for later this week. The Nifty traded above 24,500 level.

Auto shares rallied after declining in the past trading session.

At 14:25 IST, the barometer index, the S&P BSE Sensex jumped 541.94 points or 0.68% to 80,404.57. The Nifty 50 index advanced 175.45 points or 0.72% to 24,540.05.

In the broader market, the S&P BSE Mid-Cap index added 0.69% and the S&P BSE S...