The key equity barometers traded with minor losses in morning trades. Nifty moved in a range of 22706-22387. Nifty Pharma, Nifty Healthcare Index and Nifty Metal shares rose, while Nifty PSU Bank and Nifty FMCG shares declined.

NIFTY edged lower 0.39% in last session and tumbled 3.61% over last one-week.

At 12:15 IST, the barometer index, the S&P BSE Sensex, down 13.16 points to 73,110.67. The Nifty 50 index down 2.90 points to 22,597.10.

The broader market outpaced the frontline indices. The BSE 150 MidCap Index added 0.42% and the BSE 250 SmallCap Index posted modest gains of 0.26%.

The market breadth was favorable. On the BSE, 2496 shares gained and 2453 shares retreated. A total of 238 shares were unchanged.

Nifty Pharma index rallied 1.15% to 25620. The index has fallen 6.71% in last one month and rose 12.67% over last one year. Dr Reddy's Labs, moving higher 5.95%, led the gainers followed by Glenmark Pharma., inching higher 3.98% and Laurus Labs, adding 2.74%, respectively. Out of 20 index constituents, 17 are reporting gains today.

Nifty Healthcare Index index climbed 1.06% to 15551. The index has lost 8.78% in last one month and added 2.67% over last one year. Dr Reddy's Labs, advancing 5.95%, led the gainers followed by Glenmark Pharma., up 3.98% and Laurus Labs, gaining 2.74%, respectively. Out of 20 index constituents, 15 are reporting gains today.

Nifty PSU Bank index posted modest losses of 0.64%. The index has drifted lower by 3.52% in last one month and edged higher by 2.48% over last one year. Bank of India, losing 4.69%, led the losers followed by Punjab Natl.Bank, slipping 1.08% and Bank of Baroda, down 1.04%, respectively. Out of 12 index constituents, 7 are reporting loss today.

Asian markets traded slightly lower on Monday. China’s Shanghai composite is slightly lower by 0.01%, Hong Kong’s Hang Seng is up 0.36%. Japan’s Nikkei 225 is lower by 0.80%.

In Europe, German DAX moved up 0.37%, UK’s FTSE 100 drifted lower 0.32% and French CAC slipped 0.36%.

In Commodities, MCX Crude oil shed 1.38% to trade at Rs 9,783 per barrel.