Mumbai, July 16 -- The key equity indices traded with minor gains in afternoon trade, witnessing mild buying interest despite Donald Trump announced a 19% tariff on products that Indonesia sells to the United States. Further Trump said that US will have access to India, on similar lines as Indonesia-US trade deal. Investors are assessing the tariff development, and ongoing corporate earnings. Nifty trade above the 25,200 mark.
PSU Bank, media and IT shares advanced while metal, pharma and auto stocks declined.
At 13:25 IST, the barometer index, the S&P BSE Sensex advanced 76.42 points or 0.09% to 82,644.33. The Nifty 50 index added 11.70 points or 0.06% to 25,208.90.
The broader market outperformed the frontline indices. The S&P BSE Mi...
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