Mumbai, Feb. 14 -- The domestic equity indices traded with modest losses in morning trade. The Nifty traded below the 21,650 mark. IT shares declined after rising in past two trading sessions.

At 10:32 IST, the barometer index, the S&P BSE Sensex, tumbled 483.97 points or 0.68% to 71,071.22. The Nifty 50 index slipped 131.10 points or 0.60% to 21,612.15.

In the broader market, the S&P BSE Mid-Cap index declined 0.01% and the S&P BSE Small-Cap index rose 0.46%.

The market breadth was negative. On the BSE, 1,893 shares rose and 1,656 shares fell. A total of 143 shares were unchanged.

New Listing:

Shares of Rashi Peripherals were currently trading at Rs 326.40 at 10:35 IST on the BSE, representing a premium of 4.95% as compared with the...