Mumbai, July 2 -- The domestic equity benchmarks traded with modest losses in afternoon trade, as mixed global sentiment weighed on investor confidence. Investors remained cautious, adopting risk-off approach. The Nifty slides below the 25,450 mark.

Financial Services shares witnessed selling pressure for third consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex declined 441 points or 0.53% to 83,254.05. The Nifty 50 index lost 135.80 points or 0.54% to 25,404.20.

In the broader market, the S&P BSE Mid-Cap index declined 0.58% and the S&P BSE Small-Cap index fell 0.44%.

The market breadth was negative. On the BSE, 1,644 shares rose and 2,313 shares fell. A total of 159 shares were unchanged.

Buzzing Ind...