Mumbai, Nov. 18 -- The key equity indices traded with limited losses in the mid-morning trade, ending a six-day winning streak. Investors turned cautious ahead of a series of key U.S. economic reports expected to influence forecasts for a possible Federal Reserve rate cut next month.
The Nifty traded below the 25,900 level. IT shares decline after advancing in the past trading session.
At 11:30 IST, the barometer index, the S&P BSE Sensex, fell 239 points or 0.28% to 84,711.95. The Nifty 50 index lost 84.10 points or 0.32% to 25,929.35.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.71% and the S&P BSE Small-Cap index slipped 0.67%.
The market breadth was weak. On the BSE, 1,401 shares rose a...
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