Mumbai, April 29 -- The domestic equity benchmarks traded sideways in the early afternoon trade, despite mixed global cues and ongoing concerns over potential tariff changes and rising geopolitical tensions. The Nifty traded below the 24,350 mark after hitting the day's high of 24,457.65 in early trade. Pharma shares declined after advancing in the past trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex, added 12.30 points or 0.01% to 80,233.17. The Nifty 50 index shed 18.95 points or 0.08% to 24,309.55.

In the broader market, the S&P BSE Mid-Cap index rose 0.12% and the S&P BSE Small-Cap index added 0.05%.

The market breadth was negative. On the BSE, 1,760 shares rose and 1,916 shares fell. A total of 188 shares we...