Mumbai, Aug. 25 -- The benchmark indices pared most of the recovery gains and traded near the day's low in afternoon trade. Market sentiment remained subdued amid weak global cues, while volatility stayed in focus as investors navigated the monthly expiry of Nifty 50 derivatives today. Nifty traded below the 24,150 mark. Banks, oil & gas and chemical stocks declined while pharma and heatlhcare managed to trade with some gains.

At 13:24 IST, the barometer index, the S&P BSE Sensex was down 213.51 points or 0.28% to 77,155.60. The Nifty 50 index declined 92.35 points or 0.38% to 24,126.70.

In the broader market, the BSE 150 MidCap Index fell 0.10% and the BSE 250 SmallCap Index dropped 0.32%.

The market breadth was negative. On the BSE, ...