New Delhi, Jan. 6 -- Frontline indices, the Sensex and the Nifty 50, extended losses for the second consecutive session on Tuesday, January 6, on profit booking despite positive global cues.

The Sensex declined over 500 points, or more than 0.60%, to an intraday low of 84,900.10. The NSE counterpart Nifty 50 dropped by 0.50% to an intraday low of 26,124.75. However, the indices pared some losses, as the Sensex ended with a loss of 376 points, or 0.44%, at 85,063.34, while the Nifty 50 settled at 26,178.70, down 72 points, or 0.27%.

The BSE Midcap and Smallcap indices lost 0.24% and 0.39%, respectively.

The overall market capitalisation of BSE-listed firms dropped to Rs.479 crore from nearly Rs.481 lakh crore in the previous session, ma...