Mumbai, June 24 -- The frontline indices traded with major gains in the afternoon trade, tracking a sharp rally in Asian markets after US President Donald Trump announced a ceasefire agreement between Iran and Israel. The easing of geopolitical tensions led to a pullback in global crude oil prices, providing further support to domestic equities.

The Nifty traded above the 25,100 level. All NSE sectoral indices traded in the green, with the sole exception of the Nifty Media index.

At 13:30 IST, the barometer index, the S&P BSE Sensex, zoomed 510.62 points or 0.62% to 82,431.19. The Nifty 50 index rallied 180.85 points or 0.72% to 25,144.85.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.91% and t...