The domestic equity barometers continued to trade with steep losses in mid-morning trade. The Nifty was trading below the 16,200 mark. At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 976.33 points or 1.77% to 54,126.35. The Nifty 50 index lost 299.65 points or 1.82% to 16,198.40.