Mumbai, Jan. 14 -- Headline equity indices pared early gains and traded marginally lower in morning trade, weighed down by persistent foreign fund outflows and elevated crude oil prices, which dampened investor sentiment despite steady corporate earnings growth. The Nifty traded below the 25,700 level. Realty shares witnessed selling pressure for the seventh consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 198.72 points or 0.24% to 83,428.97. The Nifty 50 index fell 54.75 points or 0.21% to 25,676.80.

In the broader market, the S&P BSE Mid-Cap index slipped 0.19% and the S&P BSE Small-Cap index shed 0.08%.

The market breadth was positive. On the BSE, 1,657 shares rose and 1,898 shares fell. A...