The Indian market closed lower on Friday for the second consecutive day. The S&P BSE Sensex fell by more than 200 points, while the Nifty50 closed below the 19400 level. In terms of sectors, there was buying observed in power, utilities, FMCG, and some infra stocks. On the other hand, IT stocks faced selling pressure. This decline comes after the market had been showing strong performance in recent times…