Mumbai, March 12 -- The domestic equity benchmarks traded with modest losses in morning trade as investors reacted to rising tariff trade tensions and awaited a slew of domestic economic data, along with the crucial US Consumer Price Index (CPI) report. The Nifty traded below the 22,450 mark.

IT shares extended losses for the fourth consecutive trading session.

At 10:30 IST, the barometer index, the S&P BSE Sensex, slipped 195.68 points or 0.26% to 73,910.31. The Nifty 50 index lost 70.30 points or 0.31% to 22,427.60.

In the broader market, the S&P BSE Mid-Cap index fell 0.91% and the S&P BSE Small-Cap index shed 0.26%.

The market breadth was negative. On the BSE, 1,582 shares rose and 1,864 shares fell. A total of 190 shares were unc...