Mumbai, Feb. 3 -- The domestic equity benchmarks closed modestly lower on Monday, mirroring weak global sentiment driven by escalating trade war concerns. The downturn was largely attributed to recent tariff impositions by the United States on Canada, Mexico, and China, raising anxieties about a wider trade conflict. The long-term consequences of these tariffs remain uncertain, with the existing trade imbalances and tariff-driven dynamics creating market instability. The Nifty index closed below the 23,400 mark. Energy, metals, and FMCG shares were the primary decliners, while IT, consumer durables, and healthcare stocks managed to resist the downward trend. With the 2025 budget now concluded, market attention shifts to the Reserve Bank o...