Mumbai, Feb. 3 -- The domestic equity benchmarks traded with robust gains in the afternoon trade as investors cheered the long-awaited trade agreement between India and the United States. The announcement sparked broad-based buying across sectors, enabling domestic markets to recoup losses triggered by the recent Union Budget.

The Nifty traded above the 25,750 marks. Auto shares extended gains for the second consecutive trading sessions.

At 12:28 ST, the barometer index, the S&P BSE Sensex, zoomed 2,314.43 points or 2.83% to 83,980.89. The Nifty 50 index added 696.15 points or 2.78% to 25,784.55.

In the broader market, the S&P BSE 150 MidCap Index rallied 3.02% and the S&P BSE 250 SmallCap Index jumped 3.14%.

The market breadth was st...