Mumbai, April 6 -- The key domestic benchmarks traded with strong gains in afternoon trade, reversing early losses, amid media reports of a potential geopolitical de-escalation involving Iran and the United States. However, market participants will monitor RBI's meeting policy outcome. Nifty traded above 22,850 mark after hitting day's low of 22,542.95 in mid morning trade.

Consumer durables, realty and private bank shares witnessed strong buying interst while oil& gas, pharma and media shares traded lower.

At 13:25 ST, the barometer index, the S&P BSE Sensex, advanced 496.73 points or 0.68% to 73,816.28. The Nifty 50 index rose 158.65 points or 0.70% to 22,871.75.

In the broader market, the BSE 150 MidCap Index advanced 0.81% and the ...