Mumbai, Feb. 6 -- The domestic equity benchmarks traded with moderate losses in the afternoon after the Reserve Bank of India (RBI) maintained a status quo in its latest policy announcement. As widely expected by the Street, the Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, retained a neutral stance and left all key interest rates unchanged, keeping the benchmark repo rate steady at 5.25%.

The Nifty traded below the 25,600 mark. Pharma shares extended losses for the third consecutive trading session.

At 12:28 ST, the barometer index, the S&P BSE Sensex, fell 203.83 points or 0.24% to 83,110.45. The Nifty 50 index lost 95.15 points or 0.38% to 25,595.95.

The broader market underperformed the frontline indices. Th...