New Delhi, Feb. 21 -- The Indian stock market continued its downward trajectory for the fourth consecutive session on Friday, weighed down by weak global cues. Benchmark indices, Sensex and Nifty 50, declined over 0.5% on February 21, driven by heavy selling in auto, pharmaceutical, financial, and FMCG stocks.

The 30-share BSE Sensex fell by 560 points to an intraday low of 75,175.97. The index has recorded losses in 12 out of the past 13 sessions, shedding over 3,400 points, or more than 4%, during this period.

Notably, the Sensex has declined 12.5% from its record high of 85,978.25, achieved on September 27, 2024, marking a cumulative drop of 10,802 points. This decline has been attributed to persistent selling by foreign institutiona...