Mumbai, July 23 -- The frontline indices traded with modest gains in the 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 the 25,150 mark.

Auto, private bank and pharma shares advanced, while realty, media and FMCG shares declined.

At 13:30 IST, the barometer index, the S&P BSE Sensex, advanced 368.89 points or 0.45% to 82,555.70. The Nifty 50 index added 115.25 points or 0.46% to 25,174.90.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.17% and the S&P BSE Small-Cap index shed 0.12%.

The market breadth was negative. On the BSE, 1,735 shares rose and 2,140 ...