Mumbai, Feb. 2 -- The domestic equity indices traded with minor gains in early trade after a sharp sell-off during a special trading session on Sunday. Investor sentiment weakened after the Union Budget for FY 2026-27 fell short of market expectations, particularly on issues related to foreign investment and trading costs.

The Nifty traded above the 24,800 level. Oil & Gas, metal and banks shares advanced while FMCG, IT and media shares declined.

At 09:28 IST, the barometer index, the S&P BSE Sensex, jumped 197.32 points or 0.24% to 80,921.92. The Nifty 50 index rose 32.80 points or 0.11% to 24,843.55.

The broader market underperformed the frontline indices. The S&P BSE 150 MidCap Index fell 0.56% and the S&P BSE 250 SmallCap Index dec...