Mumbai, Feb. 27 -- The headline equity benchmarks traded with substantial losses in the morning session, weighed down by weak global cues and rising geopolitical tensions surrounding Iran. The Nifty slipped below the 25,350 mark. FMCG shares extended their losses for the third consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, dropped 484.10 points or 0.59% to 81,762.08. The Nifty 50 index slumped 166.45 points or 0.65% to 25,330.35.

In the broader market, the BSE 150 MidCap Index slumped 0.81% and the BSE 250 SmallCap Index fell 0.67%.

The market breadth was weak. On the BSE, 1,381 shares rose and 2,190 shares fell. A total of 210 shares were unchanged.

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