Mumbai, April 24 -- The key equity indices pared some losses but traded in negative terrain in morning trade. Market could be volatile as the monthly Nifty50 F&O contracts are set to expire today. The Nifty traded above the 24,300 level after hitting day's low of 24,239.45 in early trade.

Realty shares declined after rallying for seven consecutive trading sessions.

Investors will also closely watch the market's response to India's latest diplomatic and economic measures against Pakistan, announced following Tuesday's terrorist attack in Pahalgam in Jammu & Kashmir, which claimed 26 lives. These measures include the suspension of the Indus Waters Treaty, shutting down the Wagah-Attari border, cancelling visas for Pakistanis, along with o...