Mumbai, Nov. 7 -- The key equity benchmarks traded with substantial losses in early trade, supported by weak global cues. Investors will keep a close watch on the ongoing Q2 earnings season, crude oil prices and other global developments. The Nifty slipped above the 25,350 mark.

All the sectoral indices on the NSE were traded in red with IT, consumer durables and PSU Bank shares declining the most.

At 09:25 IST, the barometer index, the S&P BSE Sensex, declined 448.20 points or 0.54% to 82,862.81. The Nifty 50 index fell 173.75 points or 0.68% to 25,335.85.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.96% and the S&P BSE Small-Cap index tumbled 1.18%.

The market breadth was weak. On the BSE...