Mumbai, Nov. 21 -- The key equity barometers traded with modest cuts in the early afternoon trade. The Nifty traded tad below the 26,150 mark. Realty shares extended losses for a fourth consecutive trading session.

At 12:30 IST, the barometer index, the S&P BSE Sensex, slipped 124.33 points or 0.15% to 85,508.35. The Nifty 50 index lost 43.25 points or 0.17% to 26,148.50.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.81% and the S&P BSE Small-Cap index dropped 0.78%.

The market breadth was weak. On the BSE, 1,326 shares rose and 2,642 shares fell. A total of 193 shares were unchanged.

Economy:

The HSBC Flash India Composite Output Index registered 59.9 in November, remaining well above the...