Mumbai, Aug. 7 -- The key equity indices witnessed moderate losses in afternoon trade as investor sentiment took a hit following the US decision to impose an additional 25% tariff on imports. The Nifty traded below the 24,500 level. Realty shares witnessed selling pressure for the third straight session.

At 14:30 IST, the barometer index, the S&P BSE Sensex, tumbled 332.18 points or 0.43% to 80,200.73. The Nifty 50 index fell 101.45 points or 0.43% to 24,468.65.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.49% and the S&P BSE Small-Cap index fell 0.84%.

The market breadth was weak. On the BSE, 1,241 shares rose and 2,712 shares fell. A total of 149 shares were unchanged.

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