Mumbai, June 17 -- The key equity indices traded with moderate losses in early afternoon trade, amid rising geopolitical tensions between Israel and Iran. Market sentiment remains cautious, with geopolitical factors likely to shape further movement. Investors will closely track crude oil prices, the G7 summit, upcoming Bank of Japan's policy decision and the outcome of the upcoming U.S. Federal Reserve meeting later this week.

The Nifty traded below the 24,850 mark. Barring the Nifty IT index, all the other sectoral indices on the NSE traded in red.

At 13:30 IST, the barometer index, the S&P BSE Sensex declined 285.96 points or 0.35% to 81,507.56. The Nifty 50 index fell 102.70 points or 0.41% to 24,843.80.

In the broader market, the S...