Mumbai, June 6 -- The key equity indices pared early losses and traded with minor gains in morning trade after the RBI cut the repo rate by 50 bps to 5.50%, amid favourable domestic environment. Market participants are also closely monitoring bond markets and global trade developments. The Nifty traded near the 24,800 level.

Realty shares witnessed buying demand for the second consecutive trading session.

At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 70.42 points or 0.09% to 81,512.46. The Nifty 50 index added 40.50 points or 0.17% to 24,796.80

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.16% and the S&P BSE Small-Cap index added 0.31%.

The market breadth was strong. On the B...