Mumbai, May 29 -- The domestic equity benchmarks traded near the flatline with some negative bias in the mid- afternoon trade, despite firm cues from broader Asian markets and strong Wall Street futures. Investor sentiment found some support after a U.S. federal court blocked former President Donald Trump's proposed Liberation Day tariffs. The market is volatile due to the monthly expiry of the Nifty F&O series today.

The Nifty traded below the 24,750 mark. Private Bank shares extended losses for the third consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex, shed 7.99 points or 0.01% to 81,305.19. The Nifty 50 index fell 7.85 points or 0.03% to 24,744.60.

The broader market outperformed the frontline ind...