Mumbai, Oct. 1 -- The key equity benchmarks traded with deep losses in mid-afternoon trade, weighed down by continued selling by foreign institutional investors (FIIs), a weakening rupee and rising global bond yields. Investor sentiment remained subdued amid volatility in crude oil prices and persistent uncertainty surrounding the US-Iran conflict. Market participants also remained focused on monthly auto sales data for further cues. The Nifty slipped below the 22,300 level, while the broader market also witnessed selling pressure.

Consumer durables shares declined for fourth consecutive trading sessions.

At 14:25 IST, the barometer index, the S&P BSE Sensex tanked 934.14 points or 1.28% to 71,557.92. The Nifty 50 index tumbled 333.20 p...