Volatility struck bourses in early trade as the key benchmark indices dipped in negative after opening higher. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 83.69 points or 0.17% at 49,818.95. The Nifty 50 index was down 66.65 points or 0.44% at 14,963.50. The Nifty fell below the psychological 15,000 mark in early trade. The S&P BSE Mid-Cap index was down 0.42%. The S&P BSE Small-Cap index was down 0.21%. The market breadth, indicating the overall health of the market, is positive. On the BSE, 1211 shares rose and 1034 shares fell. A total of 108 shares were unchanged. Fertilizer subsidy: The union government has decided to increase the fertilizer subsidy outlay for the year by Rs 14,775 crore. This will take the fertilizer subsidy outlay for 2021-22 to Rs 94,305 crore from a budgeted outlay of Rs 79,530 crore.