New Delhi, May 28 -- Both Indian indices - Sensex and Nifty - ended Tuesday's session in significant losses on heavy profit booking in large caps and selective buying in mid-cap and small-cap shares.

The Sensex closed with a decline of 625 points, or 0.76%, ending the day at 81,551.63, while the Nifty 50 slipped 175 points, or 0.70%, to settle at 24,826.20. In contrast, mid-cap and small-cap stocks outperformed the broader market. The BSE Midcap index edged up by 0.18%, and the Smallcap index gained 0.19%.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the undertone for the Indian stock market is positive but the Nifty 50 index is facing hurdle at 25,000 levels.

Speaking on the outlook of Indian stock market, Bagad...