Mumbai, Aug 5 - A key index of the Indian equities markets slipped further into the red Wednesday as selling continued in realty, FMCG, and capital goods stocks. Early afternoon, the index was 119.78 points lower than its previous close.

At 12.21 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 15,882.39 points, was at 15,726.16 points -- 119.78 points or 0.76 percent lower than Tuesday's close.

At around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE), too, was trading in the red at 4,633.95 points, down 0.79 percent.

However, broader market indices were trading mixed, with the BSE midcap index trading 0.41 percent lower and the BSE smallcap index moving up 0.28 percent.

On the BSE, realty, FMCG, capital goods and metal stocks came under selling pressure, while consumer durables and IT stocks found favour among buyers.

The market breadth was tilted slightly towards the positive, with 1,262 stocks rising, compared to 1,195 declining on the BSE and 92 remaining unchanged.