Mumbai, May 13 -- The frontline indices traded with modest losses in mid-morning trade due to profit booking, rising U.S. yields, and weak index heavyweights, despite easing U.S.-China tensions and higher crude prices. The Nifty traded below the 24,850 mark. IT stocks fell following gains in previous trading sessions, as profit booking took hold.

At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 469.09 points or 0.58% to 81,950.78. The Nifty 50 index slipped 129.30 points or 0.52% to 24,801.00.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.59% and the S&P BSE Small-Cap index added 1.04%.

The market breadth was strong. On the BSE, 2,490 shares rose and 1,154 shares fell. A total of...