Mumbai, Jan. 8 -- The domestic equity indices traded with major losses in the mid- afternoon trade. The Nifty traded below the 25,950 mark. media shares extended losses for second consecutive trading session.

At 14:27 IST, the barometer index, the S&P BSE Sensex, tumbled 649.21 points or 0.76% to 84,311.93. The Nifty 50 index dropped 217.40 points or 0.83% to 25,923.35.

The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index tanked 1.76% and the S&P BSE Small-Cap index declined 1.73%.

The market breadth was weak. On the BSE, 1,062 shares rose and 3,058 shares fell. A total of 185 shares were unchanged.

Buzzing Index:

The Nifty Metal index declined 1.08% to 11,159.80. The index fell 3.16% in for the two conse...