Mumbai, Feb. 13 -- The domestic equity indices continued to trade with major losses in the early afternoon trade. Sentiment remained cautious following the introduction of new AI model by Anthropic, the development intensified concerns about the long-term implications for outsourcing-driven IT business models. Traders remained cautious, shifting toward a risk-off stance. The Nifty traded below the 25,600 level.

Oil& gas shares declined for second consecutive trading session.

At 12:25 PM ST, the barometer index, the S&P BSE Sensex tumbled 684.33 points or 0.83% to 82,984.27. The Nifty 50 index tanked 219 points or 0.86% to 25,587.40.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index dropped 1.01% and the ...