Mumbai, Sept. 22 -- The key equity benchmarks reversed all early gains and traded with minor losses in mid-morning trade as foreign fund outflows and geopolitical concerns weighed on sentiment despite easing crude oil prices and firm global cues. The Nifty traded below the 23,400 level, while IT shares extended their losses for the third consecutive trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 80.97 points or 0.11% to 74,783.94. The Nifty 50 index lost 20.10 points or 0.09% to 23,397.05.

In the broader market, the BSE 150 MidCap Index added 0.34% and the BSE 250 SmallCap Index rose 0.05%.

The market breadth was positive. On the BSE, 2,219 shares rose and 1,744 shares fell. A total of 259 shares were ...