New Delhi, Feb. 16 -- Domestic equity benchmarks Sensex and Nifty 50 recorded losses for eight consecutive sessions, weighed down by continued foreign fund outflows, concerns over US trade tariffs, and disappointing corporate quarterly earnings.

The 30-share BSE Sensex fell by 199.76 points, or approximately 0.26%, closing at 75,939.21. Earlier in the day, it plunged 699.33 points, or 0.91%, to reach an intraday low of 75,439.64. Meanwhile, the NSE Nifty 50 dropped 102.15 points, or 0.44%, ending at 22,929.25 on Friday.

"Technical indicators suggest a bearish outlook, with key EMAs (20, 50, 100, 200) aligning in a downtrend. The Stochastic RSI is trading in the oversold region, while the RSI stands at 38, indicating persistent selling p...