Mumbai, Sept. 5 -- The key equity benchmarks continued to trade with modest cuts in the mid-morning trade, weighed by profit booking. The Nifty traded below the 24,750 mark. FMCG shares declined after advancing in the previous trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, dropped 165.54 points or 0.21% to 80,552.47. The Nifty 50 index declined 30.20 points or 0.12% to 24,704.10.

In the broader market, the S&P BSE Mid-Cap index flat and the S&P BSE Small-Cap index rose 0.10%.

The market breadth was positive. On the BSE, 1,881 shares rose and 1,873 shares fell. A total of 209 shares were unchanged.

Buzzing Index:

The Nifty FMCG index declined 1.49% to 56,253.45. The index rose 1.15% in the five consecutive tra...