Mumbai, March 25 -- The domestic equity benchmarks traded with minor gains in afternoon trade. The Nifty traded above the 23,650 mark after hitting the day's low of 23,627.55 in early afternoon trade. Barring the Nifty IT index, all the other sectoral indices on the NSE were traded in red.

At 13:26 IST, the barometer index, the S&P BSE Sensex, added 34.09 points or 0.04% to 78,018.47. The Nifty 50 index rose 26.25 points or 0.11% to 23,684.60.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 1.27% and the S&P BSE Small-Cap index declined 1.80%.

The market breadth was weak. On the BSE, 1,064 shares rose and 2,904 shares fell. A total of 125 shares were unchanged.

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