Mumbai, Feb. 21 -- The key equity benchmarks continued to trade with major losses in the mid-morning trade, driven by concerns over potential U.S. retaliatory tariffs and ongoing foreign selling, dampening risk sentiment. The Nifty hovered below the 22,800 level. Pharma shares witnessed selling pressure for the fourth consecutive trading session.

At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 465.15 points or 0.62% to 75,261.87. The Nifty 50 index declined 144.05 points or 0.63% to 22,769.10.

In the broader market, the S&P BSE Mid-Cap index declined 1.03% and the S&P BSE Small-Cap index shed 0.63%.

The market breadth was negative. On the BSE, 1,573 shares rose and 2,086 shares fell. A total of 173 shares were unchanged....