Mumbai, Aug. 11 -- The key equity benchmarks continued to trade with modest losses in morning trade tracking weak global cues as uncertainty over the prospects of a US-Iran deal weighed on investor sentiment. Persistent geopolitical concerns and the lack of clarity over diplomatic developments kept investors cautious, limiting risk appetite in the domestic market.

Market participants are assessing a slew of Q1 FY27 earnings announcements, with sector- and stock-specific movements remaining in focus amid the ongoing earnings season while keeping a close watch the progress of the monsoon. The Nifty hovered below the 24,500 level.

Investors are awaiting the domestic inflation data scheduled for release on Wednesday, along with movements in...