Mumbai, June 2 -- The key domestic indices continued to trade with significant losses in morning trade pressured by weak global cues. Investors will closely monitor key events such as the RBI MPC meeting, auto sales numbers, and global trade developments. The Nifty hovered below the 24,600 level. Metal shares tumbled for the second consecutive trading session.

At 10:28 IST, the barometer index, the S&P BSE Sensex declined 574.82 points or 0.70% to 80,881.76. The Nifty 50 index fell 161.85points or 0.65% to 24,588.65.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.09% and the S&P BSE Small-Cap index added 0.37%.

The market breadth was positive. On the BSE, 1,936 shares rose and 1,766 shares fell....