Mumbai, July 27 -- The domestic equity benchmarks traded with robust gains in the mid-afternoon trade, tracking positive global cues after reports of a pause in U.S.-Iran hostilities over the weekend eased geopolitical concerns and pushed crude oil prices lower. The decline in oil prices improved investor sentiment, boosting buying interest across most sectors. The Nifty traded above the 24,000 level. Media shares extended gains for the third consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex soared 820.29 points or 1.08% to 76,880.06. The Nifty 50 index climbed 237.15 points or 1% to 24,004.15.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 1.10% and the BSE 250 Sm...