Mumbai, June 18 -- The key domestic indices pared all gains and traded with minor losses in mid-morning trade, amid ongoing geopolitical tensions between Israel and Iran. Market direction remains sensitive to geopolitical developments. Investors will closely monitor crude oil prices, developments from the G7 summit and the outcome of the upcoming U.S. Federal Reserve meeting. The Nifty slipped below the 24,850 mark.

Media shares witnessed selling pressure for the second consecutive trading session.

At 11:25 IST, the barometer index, the S&P BSE Sensex declined 195.99 points or 0.24% to 81,390.04. The Nifty 50 index declined 46.05 points or 0.19% to 24,807.80.

In the broader market, the S&P BSE Mid-Cap index fell 0.27% and the S&P BSE S...