Mumbai, April 29 -- The key equity indices reversed all gains and traded with limited cuts in the morning trade.The initial upswing was supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that boosted investor sentiment. The Nifty traded below the 24,350 mark. Oil & Gas shares advanced for the second consecutive trading session.

At 10:30 ST, the barometer index, the S&P BSE Sensex, shed 19.51 points or 0.03% to 80,196.81. The Nifty 50 index fell 13.45 points or 0.06% to 24,315.05.

In the broader market, the S&P BSE Mid-Cap index rose 0.21% and the S&P BSE Small-Cap index added 0.23%.

The market breadth was positive. On the BSE, 1,891 shares rose and 1,534 shares fell. A tot...