Mumbai, May 27 -- The frontline indices traded with major cuts in the afternoon trade, tracking weak global cues, as investor sentiment turned cautious ahead of key domestic economic data releases. The Nifty traded below the 24,850 mark. FMCG, IT and auto shares declined, while realty, PSU bank and media shares advanced.

At 13:30 IST, the barometer index, the S&P BSE Sensex, slipped 668.48 points or 0.81% to 81,507.97. The Nifty 50 index fell 177.30 points or 0.71% to 24,824.60.

The broader market outperformed frontline indices. The S&P BSE Mid-Cap index rose 0.06% and the S&P BSE Small-Cap index added 0.15%.

The market breadth was negative. On the BSE, 1,807 shares rose and 2,019 shares fell. A total of 166 shares were unchanged.

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