Mumbai, May 7 -- The headline equity benchmarks traded with limited losses in the morning trade as investors reacted to news of Operation Sindoor, a targeted strike by Indian forces on terror sites in response to the recent Pahalgam attack. The operation was described as focused and restrained, avoiding Pakistani military targets. The Nifty traded below the 24,350 mark. The market could be volatile due to rising INDO-PAK tensions.

At 10:30 IST, the barometer index, the S&P BSE Sensex, slipped 138.93 points or 0.17% to 80,502.14. The Nifty 50 index lost 44.65 points or 0.18% to 24,334.95.

In the broader market, the S&P BSE Mid-Cap index shed 0.01% and the S&P BSE Small-Cap index fell 0.34%.

The market breadth was weak. On the BSE, 1,08...