Mumbai, July 22 -- The domestic equity benchmarks traded with significant losses in the mid- afternoon trade. The Nifty traded below the 24,000 level. Media shares extended losses for two consecutive trading sessions.

At 14:28 IST, the barometer index, the S&P BSE Sensex tumbled 772.06 points or 1% to 76,692.18. The Nifty 50 index fell 211.45 points or 0.87% to 23,976.55.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index dropped 1.20% and the BSE 250 SmallCap Index declined 1.45%.

The market breadth was weak. On the BSE, 1,339 shares rose and 2,816 shares fell. A total of 193 shares were unchanged.

Buzzing Index:

The Nifty Media index fell 2.11% to 1,504.90. The index declined 2.15% in the two consecu...