Mumbai, July 1 -- The key equity benchmarks traded near the flat line in morning trade, despite optimism surrounding a potential US-India trade deal and supportive global cues. Investors will monitor a slew of economic data this week. The Nifty traded above the 25,500 level.

PSU bank shares declined, snapping a five-day gaining streak.

At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 67.22 points or 0.09% to 83,679.11. The Nifty 50 index added 14.05 points or 0.06% to 25,530.55.

In the broader market, the S&P BSE Mid-Cap index declined 0.24% and the S&P BSE Small-Cap index fell 0.27%.

The market breadth was almost even. On the BSE 1,693 shares rose and 1,690 shares fell. A total of 173 shares were unchanged.

The NSE's I...