New Delhi, May 19 -- Extending losses to the second consecutive session, the Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday, May 19, tracking weak global cues. The Sensex closed 271 points, or 0.33 per cent, lower at 82,059.42, while the Nifty 50 settled at 24,944.45, down 75 points, or 0.30 per cent.

The mid- and small-cap segments continued their outperformance, as the BSE Midcap and Smallcap indices rose 0.27 per cent and 0.75 per cent, respectively.

The Nifty 50 slipped below the 25,000 mark, and the volatility index, India VIX, jumped nearly 5 per cent, indicating cautious market sentiment.

According to Jatin Gedia, a technical research analyst at Mirae Asset Sharekhan, the Nifty 50 has been for...