Indian equity benchmarks extended their losing streak to a fourth consecutive session on Friday, as an early recovery gave way to sustained selling pressure.

The Nifty 50 fell 88 points, or 0.39%, to close at 22,600, while the BSE Sensex declined 125.56 points, or 0.17%, to settle at 73,123.83.

Broader markets came under sharper pressure, with the Nifty Smallcap 100 and Nifty Midcap 100 declining by up to 3%.

Among sectors, the Nifty Metal and Nifty Consumer Durables indices fell around 3% each, while the Nifty PSU Bank and Nifty Realty indices declined by more than 2% each.

Market breadth remained firmly negative, with 3,011 stocks declining against 624 advances on the NSE, while 89 stocks remained unchanged.