Mumbai, May 15 -- The frontline indices traded with minor cuts in mid-morning trade amid mixed global cues. The Nifty traded below the 24,650 mark. PSU bank shares declined after rising for three straight sessions. Market volatility was heightened due to the weekly expiry of the Nifty F&O series today.

At 11:29 IST, the barometer index, the S&P BSE Sensex, declined 184.50 points or 0.23% to 81,146.06. The Nifty 50 index fell 46.70 points or 0.19% to 24,617.35.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.27% and the S&P BSE Small-Cap index added 0.79%.

The market breadth was strong. On the BSE, 2,389 shares rose and 1,268 shares fell. A total of 186 shares were unchanged.

Buzzing Index:

The ...