Mumbai, June 4 -- The domestic equity indices traded with minor gains in early-afternoon trade. The Nifty traded above the 23,400 mark. Auto stocks advanced after witnessing declines in the previous trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 63.78 points or 0.09% to 74,404.26. The Nifty 50 index rose 8.10 points or 0.04% to 23,414.25.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 0.86% and the BSE 250 SmallCap Index surged 0.82%.

The market breadth was positive. On the BSE, 2,328 shares rose and 1,536 shares fell. A total of 210 shares were unchanged.

Derivatives:

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0...