Mumbai, Jan. 28 -- The frontline equity benchmarks traded with moderate gains in the afternoon trade, buoyed by optimism surrounding the conclusion of the India-EU free trade agreement (FTA) and FII inflows. Investors are closely tracking rupee movements, ongoing Q3 earnings announcements, and geopolitical developments, with attention also on upcoming Q3 results from Larsen & Toubro, Maruti Suzuki India, and BHEL.

The Nifty traded above the 25,200 level. Oil & gas, metal and media shares advanced, while FMCG, pharma and healthcare shares corrected.

At 13:28 IST, the barometer index, the S&P BSE Sensex jumped 136.37 points or 0.17% to 81,993.85. The Nifty 50 index rose 61.65 points or 0.25% to 25,237.05.

In the broader market, the S&P B...