Mumbai, July 18 -- The key equity benchmarks traded with significant losses in morning trade. Investor sentiment remained cautious amid uncertainty surrounding the India-US trade deal and ongoing corporate earnings. Nifty traded below 25,000 level.

Private Bank shares tumbled for second consecutive trading session.

At 10:25 IST, the barometer index, the S&P BSE Sensex declined 491.22 points or 0.60% to 81,774.41. The Nifty 50 index fell 148.65 points or 0.60% to 24,962.10.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.64% and the S&P BSE Small-Cap index declined 0.74%.

The market breadth was strong. On the BSE 1,305 shares rose and 2,262 shares fell. A total of 226 shares were unchanged.

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