The key equity barometers traded with marginal losses in morning trades. Nifty moved in a range of 23946-23696. Nifty Realty, Nifty Media and Nifty Consumer Durables shares advanced, while Nifty IT and Nifty Private Bank shares declined.

NIFTY had surged 1.58% in last session and soared 5.56% over last one-week.

At 12:15 IST, the barometer index, the S&P BSE Sensex, posted modest losses of 149.86 points or 0.19% to 76,767.99. The Nifty 50 index edged lower by 31.75 points or 0.13% to 23,779.10.

The broader market surpassed the frontline indices. The BSE 150 MidCap Index gained 0.86% and the BSE 250 SmallCap Index increased by 1.07%.

The market breadth was well-supported. On the BSE, 3217 shares rose and 1621 shares retreated. A total of 261 shares were unchanged.

Nifty Realty index gained 1.84% to 857. The index has edged up 0.20% in last one month and slipped 13.14% over last one year. Lodha Developers, adding 4.02%, led the gainers followed by Godrej Propert., inching higher 3.18% and Brigade Enterpr., gaining 2.71%, respectively. All 10 constituents are advancing today.

Nifty Media index climbed 1.79% to 1656. The index has risen slightly by 4.25% in last one month and edged higher by 5.57% over last one year. Prime Focus, edging up 4.45%, led the gainers followed by Zee Entertainmen, up 3.38% and Netwrk.18 Media, edging up 2.87%, respectively. Out of 10 index constituents, 8 are reporting gains today.

Nifty IT index shed 2.26%. The index has jumped 15.02% in last one month and moved lower by 8.70% over last one year. TCS, down 3.25%, led the losers followed by Infosys, easing 2.75% and HCL Technologies, slipping 2.39%, respectively. Out of 10 index constituents, 9 are reporting loss today.

Asian markets recorded robust advances on Wednesday. China’s Shanghai composite is sharply higher by 1.87%, Hong Kong’s Hang Seng is substantially higher by 1.40%. Japan’s Nikkei 225 is firmly lower by 1.42%.

In Europe, German DAX moved up 0.04%, UK’s FTSE 100 lost 1.14% and French CAC edged lower 0.34%.

In Commodities, MCX Gold posted strong gains of 2.09% to trade at Rs 1,39,430 per 10 grams.