Mumbai, May 15 -- The domestic equity benchmarks traded with decent gains in the afternoon, buoyed by a record-breaking Wall Street session and cautious optimism surrounding the Trump-Xi summit in Beijing. However, a weak rupee, elevated crude oil prices, and domestic fuel price hikes kept gains in check.

The Nifty traded above the 23,750 mark. Media, IT and FMCG shares advanced while Metal, realty and PSU Bank shares declined on the NSE.

At 13:28 IST, the barometer index, the S&P BSE Sensex advanced 270.35 points or 0.41% to 75,709.94. The Nifty 50 index added 88.30 points or 0.37% to 23,775.35.

In the broader market, the BSE 150 MidCap Index rose 0.14% and the BSE 250 SmallCap Index added 0.16%.

The market breadth was negative. On ...