Mumbai, Feb. 19 -- The key equity benchmarks traded with major losses in the afternoon trade. The Nifty traded below the 25,650 mark. Barring pharma indices all other sectoral indices traded in the red on the BSE.

At 13:28 IST, the barometer index, the S&P BSE Sensex, tanked 693.11 points or 0.88% to 82,995.55. The Nifty 50 index fell 196.30 points or 0.76% to 25,626.05.

In the broader market, the BSE 150 MidCap Index slipped 0.71% and the BSE 250 SmallCap Index fell 0.50%.

The market breadth was weak. On the BSE, 1,457 shares rose and 2,528 shares fell. A total of 198 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, zoomed 7.40% to 13.13.

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