New Delhi, Jan. 6 -- Frontline indices, the Sensex and the Nifty 50, suffered significant losses in intraday trade 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 26,125.80. The BSE Midcap and Smallcap indices also declined by half a per cent each.

The overall market capitalisation of BSE-listed firms dropped to below Rs.479 crore from nearly Rs.481 lakh crore in the previous session, making investors richer by about Rs.2 lakh crore in a single session.

The domestic market declined even as global cues were largely positive. In Asia, Japan's Nikkei, Korea's K...