Mumbai, Feb. 3 -- The domestic equity indices traded with major gains in the mid- afternoon trade as investors cheered the long-awaited trade agreement between India and the United States. The announcement sparked broad-based buying across sectors, enabling domestic markets to recoup losses triggered by the recent Union Budget.

The Nifty traded above the 25,750 mark. Metal shares extended gains for second consecutive trading session.

At 14:28 IST, the barometer index, the S&P BSE Sensex zoomed 2,205.63 points or 2.71% to 83,877.20. The Nifty 50 index added 678.75 points or 2.71% to 25,767.15.

In the broader market, the S&P BSE 150 MidCap Index rallied 2.97% and the S&P BSE 250 SmallCap Index jumped 2.99%.

The market breadth was stron...