Mumbai, Jan. 14 -- Domestic equity indices traded with modest losses in the mid-afternoon trade, weighed down by profit booking, foreign fund outflows and the expiry of F&O contracts on the BSE. Investors stayed cautious as they tracked developments related to the India-US trade deal, ongoing Q3 earnings announcements and geopolitical developments. The Nifty traded below the 25,650 mark.

IT shares declined after advancing in the past trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex fell 377.34 points or 0.45% to 83,250.35. The Nifty 50 index slipped 96.70 points or 0.37% to 25,637.10.

In the broader market, The S&P BSE Mid-Cap index shed 0.07% and the S&P BSE Small-Cap index rose 0.17%.

The market breadth was pos...