Mumbai, May 15 -- The key domestic indices traded with slight losses in early afternoon trade, as limited profit booking capped further gains. The Nifty traded below 24,650 mark. The market was volatile due to the weekly expiry of the Nifty F&O series today.

Media shares witnessed buying demand for the seventh consecutive trading session.

At 12:25 IST, the barometer index, the S&P BSE Sensex, declined 108.20 points or 0.13% to 81,216.20. The Nifty 50 index fell 20.40 points or 0.08% to 24,646.50.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.17% and the S&P BSE Small-Cap index added 0.81%.

The market breadth was strong. On the BSE, 2,456 shares rose and 1,309 shares fell. A total of 167 shares...