New Delhi, Aug. 1 -- The Indian stock market ended with significant losses on Friday, August 1, due to broad-based selling on the first day of the August derivatives series, amid concerns over tariffs, lacklustre earnings, and sustained foreign capital outflows.

The Sensex ended 586 points, or 0.72 per cent, lower at 80,599.91, while the Nifty 50 settled at 24,565.35, down 203 points, or 0.82 per cent.

The mid and small-cap segments suffered even deeper losses, as the BSE Midcap and Small-cap indices fell 1.37 per cent and 1.59 per cent, respectively.

The sharp selloff eroded investors' wealth by Rs.6 crore in a single session as the overall market capitalisation of BSE-listed firms dropped to Rs.444 lakh crore from Rs.450 lakh crore i...