Mumbai, July 16 -- The headline equity benchmarks traded with small gains in mid-afternoon trade, witnessing mild buying interest despite Donald Trump announced a 19% tariff on products that Indonesia sells to the United States. Further, Trump said that US will have access to India, on similar lines as Indonesia-US trade deal. Investors are assessing the tariff development, and ongoing corporate earnings. Nifty traded above the 25,200 level.

PSU bank shares extended gains for the third consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex advanced 135.56 points or 0.16% to 82,706.47. The Nifty 50 index added 33.95 points or 0.14% to 25,230.45.

The broader market outperformed the frontline indices. The S&P B...