Mumbai, Dec. 15 -- The benchmark equity indices closed marginally lower on Tuesday, snapping a two-session rally as risk appetite cooled. Persistent foreign fund outflows, lingering uncertainty over a U.S.-India trade deal and caution ahead of possible spillovers from Mexico's sweeping new import tariffs weighed on sentiment, while the rupee sank to a fresh record low of 90.80 against the dollar. The Nifty slipped below the 26,050 level, dragged down by selling pressure in auto, pharma and healthcare stocks.

The S&P BSE Sensex shed 54.30 points or 0.06% to 85,213.36. The Nifty 50 index lost 19.65 points or 0.08% to 26,027.30. In the past two consecutive trading sessions, the Sensex rose 1.03% while the Nifty added 1.12%.

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