Mumbai, Sept. 11 -- The domestic equity indices traded near day's high with decent gains in the mid-afternoon trade as investors stayed buoyant on resumption of India-US trade talks and rate-cut expectations from the U.S. Federal Reserve next week. The Nifty traded above the 25,000 level.

Pharma shares rallied for third consecutive trading session.

At 14:25 IST, the barometer index, the S&P BSE Sensex gained 166.75 points or 0.20% to 81,593.04. The Nifty 50 index rose 48.75 points or 0.20% to 25,021.20.

In the broader market, the S&P BSE Mid-Cap index jumped 0.51% and the S&P BSE Small-Cap index rose 0.03%.

The market breadth was positive. On the BSE, 2,078 shares rose and 1,959 shares fell. A total of 202 shares were unchanged.

Buz...