Mumbai, Feb. 21 -- The domestic equity benchmarks closed lower on Friday, marking the fourth consecutive day of losses. Concerns over potential retaliatory tariffs from the US, coupled with continued selling by FIIs, weighed heavily on investor sentiment. The Federal Reserve's cautious approach to interest rate cuts also contributed to the market's decline.

The Nifty index settled below the 22,800 level. While some sectors showed resilience, others faced significant pressure. Metals, consumer durables, and FMCG stocks saw buying interest. Conversely, the auto, healthcare, and pharma sectors experienced selling pressure.

The S&P BSE Sensex, tumbled 424.90 points or 0.56% to 75,311.06. The Nifty 50 index declined 117.25 points or 0.51% to...