Mumbai, July 9 -- The domestic benchmarks indices continued to trade with major gains in early afternoon trade supported by foreign fund inflows and buying in blue-chip stocks. The Nifty traded above the 24,050 mark.

Investors are also closely tracking the first-quarter earnings season, with the focus on TCS' Q1 FY27 results due later in the day. Market participants will watch the IT major's management commentary for cues on discretionary technology spending by global clients and the demand outlook for the sector.

Consumer durables shares rebounded after declining in the past trading session.

At 12:25 IST, the barometer index, the S&P BSE Sensex declined 585.92 points o 0.76% to 77,091.46. The Nifty 50 index fell 183.45 points or 0.77%...