Mumbai, July 23 -- Domestic equity indices traded with modest gains in early-afternoon trade, supported by positive global cues. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty traded above 25,150 mark.

IT shares advanced after declining in the past two consecutive trading sessions.

At 12:30 IST, the barometer index, the S&P BSE Sensex advanced 376.80 points or 0.46% to 82,574.42. The Nifty 50 index added 111.55 points or 0.44% to 25,167.45.

In the broader market, the S&P BSE Mid-Cap index declined 0.15% and the S&P BSE Small-Cap index shed 0.10%.

The market breadth was positive. On the BSE, 1,715 shares rose and 2,101 shares fell. A total of 195 shares were unchang...