Mumbai, July 10 -- The domestic equity indices traded with moderate losses in the early afternoon trade as investors awaited cues from a possible India-US trade deal and the kick-off of the June-quarter earnings season, with TCS scheduled to report its results later today. Nifty traded below at 25,400 level.

PSU Bank shares witnessed selling pressure for the fourth consecutive trading session.

At 12:26 IST, the barometer index, the S&P BSE Sensex declined 270.06 points or 0.32% to 83,264.02. The Nifty 50 index fell 87.60 points or 0.33% to 25,390.20.

In the broader market, the S&P BSE Mid-Cap index shed 0.39% and the S&P BSE Small-Cap index declined 0.06%.

The market breadth was negative. On the BSE, 1,782 shares rose and 2,036 shares...