Mumbai, Dec. 15 -- Domestic equity benchmarks closed slightly lower, snapping a two-day winning streak, as sentiment stayed cautious amid persistent foreign fund outflows, uncertainty surrounding a potential U.S.-India trade deal and a sharp fall in the rupee to a record low. The Nifty ended below the 26,050 mark.

The Indian rupee weakened further on Monday, sliding to a record low of 90.80 against the U.S. dollar.

Auto, pharma and healthcare shares declined, while media, FMCG and counsumer durables shares advanced.

As per provisional closing data, the barometer index, 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...