Mumbai/IBNS, Jan. 13 -- The Indian stock market ended lower on Tuesday after the benchmark indices had surged in the previous session, media reports said.

Despite a late recovery attempt, the Sensex closed 250.48 points lower at 83,627.69.

The NSE Nifty 50 also ended in the red, settling 57.95 points down at 25,732.30.

Defence stocks were among the biggest losers, with Solar Industries, Zen Technologies and DCX Systems witnessing sharp declines.

Sectorally, Nifty Bank bucked the weak trend, gaining 128 points to close at 59,579, while the Nifty Midcap index fell 119 points to 59,598.

The rally marked the fifth consecutive session of gains for the stock.

According to a CNBC-TV18 report, the updated shareholding data shows an increase...