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The equity barometers firmed up and traded near the day s high in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 170.84 points or 0.33% at 51,480.23. The Nifty 50 index gained 49.60 points or 0.33% at 15,156.10. The broader market was trading firm. The S&P BSE Mid-Cap index rose 0.55% while the S&P BSE Small-Cap index gained 1%. The market breadth was positive. On the BSE, 1,593 shares rose and 1,167 shares fell. A total of 147 shares were unchanged. Derivatives: The NSE s India VIX, a gauge of market s expectation of volatility over the near term, fell 2.16% to 23.435. The Nifty 25 February 2021 futures were trading at 15,128, at a discount of 28.10 points as compared with the spot at 15,156.10.

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