Mumbai, July 23 -- The domestic equity benchmarks traded with significant losses in the mid- afternoon trade. The Nifty traded below the 23,900 level. Metal shares extended losses for two consecutive trading sessions.

At 14:28 IST, the barometer index, the S&P BSE Sensex, slipped 394.10 points or 0.51% to 76,348.28. The Nifty 50 index fell 132.75 points or 0.55% to 23,864.10.

The broader market underperformed the frontline indices, the BSE 150 MidCap Index dropped 0.96% and the BSE 250 SmallCap Index declined 0.82%.

The market breadth was negative. On the BSE, 1,640 shares rose and 2,447 shares fell. A total of 210 shares were unchanged.

Buzzing Index:

The Nifty Metal index fell 0.99% to 12,438.35. The index declined 1.46% in the tw...