Mumbai, July 3 -- The key equity benchmarks traded with minor losses in early trade. Investors remained cautious as Trump's 90-day tariff reprieve nears its deadline. The Nifty traded below the 25,450 mark.

Media, private bank and PSU Bank shares declined while metal, auto and pharma shares advanced.

At 09:30 IST, the barometer index, the S&P BSE Sensex declined 44.70 points or 0.05% to 83,364.99. The Nifty 50 index fell 6.85 points or 0.03% to 25,446.55.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.10% and the S&P BSE Small-Cap index jumped 0.05%.

The market breadth was positive. On the BSE 1,647 shares rose and 1,292 shares fell. A total of 147 shares were unchanged.

Foreign portfolio inve...