Mumbai, April 1 -- The domestic equity indices traded with significant losses in early trade, with global headwinds, including the expected tariff measures by U.S. President Donald Trump on April 2, keeping investors cautious. The Nifty traded below the 23,500 level.

Realty, IT and consumer durables shares declined while auto, media and oil & gas shares advanced.

At 09:30 IST, the barometer index, the S&P BSE Sensex, tumbled 389.21 points or 0.50% to 77,025.71. The Nifty 50 index shed 40.45 points or 0.17% to 23,475.25.

In the broader market, the S&P BSE Mid-Cap index declined 0.48% and the S&P BSE Small-Cap index fell 0.33%.

The market breadth was strong. On the BSE, 1,983 shares rose and 869 shares fell. A total of 162 shares were u...