Mumbai, Aug. 22 -- The headline equity benchmarks traded with significant losses in morning trade. The Nifty traded below the 24,950 mark. Private Bank shares declined after advancing for previous trading session.

At 10:30 ST, the barometer index, the S&P BSE Sensex, declined 486.19 points or 0.60% to 81,507.51. The Nifty 50 index fell 152.85 points or 0.61% to 24,931.90.

In the broader market, the S&P BSE Mid-Cap index shed 0.01% and the S&P BSE Small-Cap index fell 0.06%.

The market breadth was negative. On the BSE, 1,673 shares rose and 1,921 shares fell. A total of 201 shares were unchanged.

Buzzing Index:

The Nifty Private Bank index shed 0.83% to 26,753.55. The index fell 0.14% in the previous trading session.

Bandhan Bank (do...