Mumbai, Sept. 28 -- The key equity benchmarks continued to trade with significant losses in the mid-morning trade amid weak global cues, surge in crude oil prices and concerns over the reliability and safety of AI agents. The Nifty traded below 23,850 level.

Investors remained focused on movements in crude oil prices, developments in the primary market and upcoming initial public offerings (IPOs). A series of domestic and global economic data releases are also scheduled during the week, which could influence expectations surrounding monetary policy decisions by central banks.

PSU Bank shares declined sharply after advancing in the previous trading session, weighing on the broader market.

At 11:25 IST, the barometer index, the S&P BSE S...