Mumbai, Aug. 8 -- The key equity benchmarks continued to trade with moderate cuts in the mid-morning trade amid jitters over Trump's tariff impact. The Nifty traded below the 24,450 mark. Metal shares declined after advancing in the previous trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, dropped 549.14 points or 0.68% to 80,058.72. The Nifty 50 index declined 162.55 points or 0.66% to 24,433.60.

In the broader market, the S&P BSE Mid-Cap index declined 0.79% and the S&P BSE Small-Cap index fell 0.34%.

The market breadth was negative. On the BSE, 1,698 shares rose and 2,029 shares fell. A total of 164 shares were unchanged.

IPO Update:

The initial public offer (IPO) of All Time Plastics received bids for 53,65...