Mumbai, Sept. 4 -- The key equity benchmarks traded with moderate gains in early trade supported by positive global cues. After a challenging start to September, domestic equities showed signs of stabilisation as investors assessed global macroeconomic developments and ongoing geopolitical uncertainties. The Nifty traded above the 23,900 level, while market sentiment remained cautious ahead of key US economic data. Investors are closely awaiting the US nonfarm payrolls report, due later today, for further clues on the Federal Reserve's monetary policy trajectory and the outlook for interest rates.

In addition to developments surrounding the US-Iran conflict and movements in crude oil and gold prices, market participants will closely trac...