Live markets pare some losses

LIVE: Markets pare some losses;

LIVE: Markets pare some losses; Nifty regains 9,850; ITC tumbles 12% Watch this space for all live market updates

Live Market A steep fall in index heavyweight ITC and a negative lead from Asian markets pushed the domestic market lower on Tuesday, while investors are also keeping an eye on over a dozon firms, which are scheduled to report their June quarter numbers today.

Meanwhile, dollar sagged on growing expectations that the Federal Reserve will take a more cautious approach to raising interest rates. Overnight, Wall Street ended little changed in low-volume trading, as investors braced for a flood of second-quarter earnings reports later this week.

10:03 AM MARKET CHECK At 10:00 am, the Sensex was trading at 31,886, down 188 points, while the broader Nifty50 was ruling at 9,876, down 39 points.

09:58 AM Nifty IT is the only sectoral index that is trading over 1% higher. TCS, Infosys and Wipro gain the most, up over 1% each.

09:49 AM ACC gained over 35 to Rs 1809 after the cement producer reported an about 33% rise in June-quarter consolidated profit, boosted by higher cement sales volume. CLICK HERE FOR FULL REPORT Click Here To Check Live Market Update