Mumbai, June 13 -- The key domestic indices traded in negative terrain with significant losses in early afternoon trade, weighed down by negative global sentiment after Israel declared a state of emergency following strikes on Iranian nuclear and strategic sites. Market participants moved toward safe-haven assets, while investors closely tracked trends in Brent crude oil prices. The Nifty traded below the 24,750 mark.

FMCG shares declined for the third consecutive trading session.

At 12:25 IST, the barometer index, the S&P BSE Sensex, declined 567.79 points or 0.69% to 81,118.36. The Nifty 50 index fell 178.70 points or 0.72% to 24,710.80.

The broader market outperformed the frontline indices, the S&P BSE Mid-Cap index slipped 0.51% an...