Mumbai, May 16 -- The key equity benchmarks traded with modest losses in early trade. The Nifty traded below the 25,050 mark. IT shares declined after advancing in the past two consecutive trading sessions.

At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 212.94 points or 0.26% to 82,317.80. The Nifty 50 index fell 51.90 points or 0.21% to 25,010.65.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.58% and the S&P BSE Small-Cap index added 0.76%.

The market breadth was strong. On the BSE, 2,317 shares rose and 1,217 shares fell. A total of 202 shares were unchanged.

Buzzing Index:

The Nifty IT index rose 0.72% to 38,018.70. The index rose 1.78% in the past two consecutive trading ...