Mumbai, May 5 -- The key benchmark indices traded with decent gains in mid-afternoon trade, driven by easing global trade tensions, persistent foreign inflows, and a continued increase in India's foreign exchange reserves, which have increased for the eighth consecutive week. Additionally, Brent crude prices were seen below $60 in today's trading session.

Nifty traded above the 24,450 mark. Auto shares advanced after declining in the past trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex, gained 318.17 points or 0.40% to 80,820.16. The Nifty 50 index rose 120.80 points or 0.50% to 24,467.50.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index jumped 1.35% and the S&P BSE Small-Cap index...