The Indian stock market suffered significant losses across segments on Tuesday, December 16, as the rupee fell to record low levels and weak global cues kept the market under pressure. The Sensex closed the day with a loss of 534 points, or 0.63%, at 84,679.86, while the Nifty 50 settled at 25,860.10, down 167 points, or 0.64%. The BSE Midcap index fell 0.78% while the Smallcap index declined 0.69%.
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