Mumbai, May 5 -- The key benchmark indices traded with moderate gains in 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. Nifty traded tad above the 24,450 mark.

Barring private bank index all the sectoral indices on the NSE were traded in green with auto, oil & gas and FMCG stocks leading the gains.

At 13:30 IST, the barometer index, the S&P BSE Sensex, gained 284.90 points or 0.35% to 80,786.89 The Nifty 50 index rose 102.90 points or 0.42% to 24,449.60.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rallied 1.14% and the S&P BSE Small-Cap index gain...