Mumbai, Aug. 21 -- The key equity benchmarks continued to trade with minor gains in the mid-morning trade on Friday. The Nifty traded above the 24,250 mark. Private bank extended gains for the second consecutive trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex gained 83.57 points or 0.11% to 77,621.29. The Nifty 50 index jumped 28.10 points or 0.12% to 24,259.70.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index rose 0.17% and the BSE 250 SmallCap Index rallied 0.43%.

The market breadth was strong. On the BSE, 2,173 shares rose and 1,741 shares fell. A total of 287 shares were unchanged.

IPO Update:

Augmont Enterprises received bids for 49,74,010 shares as against 77,15,999 shares o...