Mumbai, March 13 -- The key equity indices reversed all gains and traded with minor losses in early afternoon trade. The Nifty slipped below the 22,450 mark. Auto shares declined after advancing in the past trading session.

At 12:29 IST, the barometer index, the S&P BSE Sensex, shed 53.46 points or 0.07% to 73,976.30. The Nifty 50 index fell 33.45 points or 0.15% to 22,437.05.

The broader market underperformed the benchmark indices. The S&P BSE Mid-Cap index shed 0.25% and the S&P BSE Small-Cap index declined 0.31%.

The market breadth was negative. On the BSE, 1,870 shares rose and 2,098 shares fell. A total of 160 shares were unchanged.

Economy:

India's retail inflation eased to a seven-month low of 3.61% in February 2025, down from...