Mumbai, Oct. 31 -- The headline equity benchmarks traded with modest cuts in mid-afternoon trade. The Nifty traded below the 25,800 level. Media stocks extended losses for the second consecutive trading session.

At 14:30 IST, the barometer index, the S&P BSE Sensex tumbled 336.91 points or 0.40% to 84,067.55. The Nifty 50 index fell 101.10 points or 0.39% to 25,776.90.

In the broader market outperformed the frontline indices. The S&P BSE Mid-Cap index declined 0.19% and the S&P BSE Small-Cap index shed 0.08%.

The market breadth was negative. On the BSE, 1,734 shares rose and 2,337 shares fell. A total of 179 shares were unchanged.

Buzzing Index:

The Nifty Media index fell 0.63% to 35,861.55. The index fell 0.99% in the two consecutiv...