Mumbai, March 25 -- The domestic equity indices traded with decent gains in mid-afternoon trade. The Nifty traded above the 23,700 level after hitting the day's low of 23,627.55 in early afternoon trade. Consumer durables shares declined after rising in the past trading session.

At 14:25 IST, the barometer index, the S&P BSE Sensex, added 124.59 points or 0.16% to 78,115.92. The Nifty 50 index rose 64.50 points or 0.27% to 23,722.85.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.69% and the S&P BSE Small-Cap index declined 1.35%.

The market breadth was weak. On the BSE, 1,120 shares rose and 2,889 shares fell. A total of 122 shares were unchanged.

Buzzing Index:

The Nifty Consumer Durables ...