Mumbai, Feb. 27 -- The frontline indices 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 11:30 IST, the barometer index, the S&P BSE Sensex, dropped 514.14 points or 0.63% to 81,734.10. The Nifty 50 index slumped 191.30 points or 0.75% to 25,305.25.
In the broader market, the BSE 150 MidCap Index slumped 0.78% and the BSE 250 SmallCap Index fell 0.77%.
The market breadth was weak. On the BSE, 1,487 shares rose and 2,308 shares fell. A total of 212 shares were unchanged.
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