Mumbai, Oct. 28 -- The key equity indices traded with major losses in mid-morning trade on Wednesday, as persistent concerns over elevated crude oil prices, weakness in heavyweight stocks and mixed corporate earnings continued to weigh on investor sentiment. Cautious positioning ahead of the US Federal Reserve's monetary policy decision further dampened risk appetite, with investors awaiting clarity on the central bank's interest rate outlook and its potential implications for global financial markets. The Nifty hovered below the 22,650 mark, reflecting continued weakness in the domestic equity market

FMCG shares declined, snapping a two-session winning streak.

At 11:25 IST, the barometer index, the S&P BSE Sensex declined 624.52 points...