Mumbai, Feb. 26 -- The domestic equity benchmarks trade with modest losses in the afternoon trade amid a shift toward a risk-off sentiment. The Nifty traded below the 25,450 mark after hitting day's high of 25,572.95 in early afternoon trade.

Pharma, auto and metal shares advanced while media, FMCG and realty stocks declined.

At 13:25 IST, the barometer index, the S&P BSE Sensex declined 171.97 points or 0.21% to 82,104.10. The Nifty 50 index fell 62.05 points or 0.24% to 25,420.45.

In the broader market, the BSE 150 MidCap Index rose 0.03% and the BSE 250 SmallCap Index fell 0.20%.

The market breadth was negative. On the BSE, 1,937 shares rose and 2,053 shares fell. A total of 202 shares were unchanged.

The NSE's India VIX, a gauge ...