Mumbai, Oct. 30 -- The key equity indices traded with modest cuts in the morning trade. The Nifty traded below the 25,950 mark. Pharma shares declined after witnessing gains in the previous trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, dropped 321.36 points or 0.38% to 84,675.77. The Nifty 50 index fell 114.45 points or 0.44% to 25,939.45.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.28% and the S&P BSE Small-Cap index shed 0.28%.

The market breadth was negative. On the BSE, 1,653 shares rose and 2,014 shares fell. A total of 196 shares were unchanged.

Buzzing Index:

The Nifty Pharma index fell 1.22% to 22,156.85. The index rose 0.81% in the past trading session...