Mumbai, March 11 || The Indian equity markets posted moderate losses in early trade on Wednesday over cautious sentiment amid the ongoing war between US-Israel and Iran, leading to the prolonged closure of the Strait of Hormuz.
As of 9.25 am, Sensex lost 109 points, or 0.14 per cent, to reach 78,096 and Nifty eased 26 points, or 0.11 per cent to reach 24,234.
Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 gained 0.72 per cent, and the Nifty Smallcap 100 added 0.85 per cent.
All sectoral indices traded in green except Nifty FMCG, financial services and private banks. Private banks led the losses down 0.73 per cent. Nifty media, metal and consumer durables were among the top gainers, up 1.52 per cent, 1.58 per cent and 1.25 per cent, respectively.