Mumbai, March 11 -- The key equity indices pared some losses but traded in negative zone in morning trade, reflecting a widespread sell-off across global markets, fueled by increasing concerns about a potential U.S. recession. The Nifty traded above the 22,400 level. IT shares extended losses for the third consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, slipped 161.86 points, or 0.22%, to 73,953.31. The Nifty 50 index lost 26 points, or 0.12%, to 22,434.30.

In the broader market, the S&P BSE Mid-Cap index fell 0.11%, and the S&P BSE Small-Cap index declined 1.19%.

The market breadth was weak. On the BSE, 1,052 shares rose and 2,460 shares fell. A total of 158 shares were unchanged.

Buzzing Index:

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