Mumbai, June 24 -- The domestic equity indices traded with significant gains in the early 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 25,250 mark. Metal shares witnessed buying demand for the third consecutive trading session.

At 12:30 ST, the barometer index, the S&P BSE Sensex, zoomed 996.28 points or 1.22% to 82,893.77. The Nifty 50 index rallied 309.25 points or 1.24% to 25,281.45.

In the broader market, the S&P BSE Mid-Cap index rose 0.95% and the S&P BSE Small-Cap index added...