Mumbai, Dec. 17 -- The key equity indices traded with moderate losses in the mid-afternoon trade. The Nifty traded below the 25,800 level. Investor sentiment remained subdued amid persistent foreign institutional investor (FII) selling while mixed signals from US jobs data kept uncertainty around the Federal Reserve's interest-rate outlook. Market participants also continued to keep an eye on ongoing IPO activity.

Private bank shares extended losses for the second consecutive trading session.

At 14:30 ST, the barometer index, the S&P BSE Sensex, declined 191.57 points or 0.23% to 84,488.29. The Nifty 50 index fell 60.85 points or 0.24% to 25,799.10.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index decl...