Mumbai, May 26 -- The key equity barometers traded with modest losses in the mid-afternoon trade as geopolitical concerns resurfaced following fresh US strikes on Iran dampened hopes of a peace deal. Investors turned cautious after the sharp rally witnessed in the previous two sessions. Investors remained watchful of crude oil and gold prices. The Nifty traded below the 24,000 level.

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At 14:25 ST, the barometer index, the S&P BSE Sensex slipped 425.31 points or 0.55% to 76,064.72. The Nifty 50 index fell 97.80 points or 0.40% to 23,933.10.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index added 0.18% and the BSE 250 SmallCap Index jumped 0.22%.

The market breadth was almost even. On the BSE, 2,062 shares...