Mumbai, Feb. 21 -- The key equity benchmarks traded with moderate losses in the early afternoon trade, driven by concerns over potential U.S. retaliatory tariffs and ongoing foreign selling, dampening risk sentiment. The Nifty traded at the 22,800 level. PSU Bank shares declined after rising for two consecutive trading sessions.

At 12:25 IST, the barometer index, the S&P BSE Sensex, slipped 399.03 points or 0.53% to 75,333.94. The Nifty 50 index declined 112.85 points or 0.49% to 22,800.30.

In the broader market, the S&P BSE Mid-Cap index declined 0.87% and the S&P BSE Small-Cap index shed 0.20%.

The market breadth was negative. On the BSE, 1,745 shares rose and 2,015 shares fell. A total of 173 shares were unchanged.

Economy:

The Fl...