Mumbai, Nov. 11 -- The key equity benchmarks traded with modest cuts in early afternoon trade, supported by a moderation in crude oil prices from elevated levels and foreign fund inflows. Despite a recent uptick in crude prices, optimism over a potential de-escalation in the Iran conflict continued to underpin investor sentiment. The Nifty traded above the 25,300 level. Metal shares advanced after declining in the past trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex jumped 1,072.90 points or 1.33% to 82,179.55. The Nifty 50 index added 271.60 points or 1.09% to 25,324.90.

In the broader market, the BSE 150 MidCap Index gained 1.35% and the BSE 250 SmallCap Index rose 1.55%.

The market breadth was strong. On the B...