Mumbai, June 13 -- The key equity indices traded with major losses in the afternoon trade, mirroring losses across Asian markets, after Israel carried out military strikes on Iran, intensifying tensions in the oil-rich Middle East. All the sectoral indices on the NSE were traded in red with PSU Bank, metal and bank shares declining the most. The Nifty traded below the 24,700 level.

At 13:28 IST, the barometer index, the S&P BSE Sensex, declined 645.73 points or 0.79% to 81,039.96. The Nifty 50 index fell 196.85 points or 0.79% to 24,691.90.

In the broader market, the S&P BSE Mid-Cap index slipped 0.68% and the S&P BSE Small-Cap index dropped 0.79%.

The market breadth was weak. On the BSE, 1,164 shares rose and 2,717 shares fell. A tota...