New Delhi, Dec 9 (UNI) The Indian stock market today settled lower for a second straight session as caution prevailed ahead of the US Federal Reserve’s policy announcement, with BSE Sensex closing at 436.41 points or 0.51 percent lower at 84,666.28 and the broader NSE Nifty slipping to 25,839.65, down 120.90 points or 0.47 pc.

The Mid- and Small-cap segments erased losses and ended higher, outperforming the benchmarks. The BSE Midcap index ended 0.60 pc higher, while the Smallcap index jumped 1.27 pc.

The overall market capitalisation of BSE-listed firms rose to Rs 465 lakh crore from Rs 464.2 lakh crore in the previous session.

Among the sectors, most of the indices ended with losses. Nifty Consumer Durables was up 1.31 pc, PSU Bank (up by 1.29 pc), Realty (0.95 pc), and Media (0.70 p

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