Mumbai, Jan. 5 -- The Indian stock market on Monday ended on a negative note with Nifty below 26,250. At close, the Sensex was down 322.39 points or 0.38 percent at 85,439.62, and the Nifty was down 78.25 points or 0.30 percent at 26,250.30.

The mid and small-cap indices outperformed as BSE Midcap index inched up by 0.05% and the Smallcap index rose by 0.07%.

Among sectors, IT, oil & gas, telecom down 0.5-1%, and realty index spiked 2%. Further, the consumer durables index rose 1%, while the metal and FMCG indices added 0.5% each.

Indian Rupee traded weak by 9 paise to 90.27 against the dollar.

Shrikant Chouhan, Head Equity Research, Kotak Securities, said, "The benchmark indices witnessed profit booking at higher levels. The Nifty en...