Mumbai, June 17 -- The key equity indices traded with modest losses in mid-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 24,900 level.

IT shares witnessed buying demand for third consecutive trading session.

At 14:25 IST, the barometer index, the S&P BSE Sensex declined 210.64 points or 0.26% to 81,597.34. The Nifty 50 index fell 80.20 points or 0.32% to 24,865.25.

In the broader market, the S&P BSE Mid-Cap in...