Mumbai, July 1 -- The headline equity benchmarks traded with minor gains in mid-afternoon trade, despite optimism over a potential US-India trade deal and favorable global cues. Focus remained on foreign inflows and the upcoming end of the US tariff reprieve.

The Nifty traded above the 25,500 level. Bank shares advanced after declining in the past trading session.

At 14:26 IST, the barometer index, the S&P BSE Sensex, rose 85.15 points or 0.10% to 83,691.61. The Nifty 50 index added 21.30 points or 0.08% to 25,538.45.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.24% and the S&P BSE Small-Cap index fell 0.26%.

The market breadth was negative. On the BSE, 1,862 shares rose and 2,086 share...