Mumbai, July 1 -- The key equity benchmarks continued to trade near the flat line in mid-morning trade, witnessing volatile session, despite optimism over a potential US-India trade deal and favorable global cues. Focus remained on foreign inflows and the upcoming end of the US tariff reprieve. The Nifty traded above the 25,500 level.

Media shares tumbled after advancing in the past two trading sessions.

At 11:26 IST, the barometer index, the S&P BSE Sensex advanced 63.61 points or 0.07% to 83,672.42. The Nifty 50 index added 7.30 points or 0.03% to 25,523.70.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.36% and the S&P BSE Small-Cap index fell 0.28%.

The market breadth was negative. O...