New Delhi, July 27 -- The Indian stock market remained under pressure for a second straight session on Friday, July 25, with key benchmarks - the Sensex and Nifty 50 - posting sharp losses. The broader market also saw notable declines, with mid- and small-cap indices slipping as much as 2 per cent.

During the session, the Sensex tumbled 786 points, nearly 1 per cent, to hit an intraday low of 81,397.69, while the Nifty 50 slid 1 per cent to touch 24,806.35.

"The Indian equity market ended lower for the fourth consecutive week, as weak Q1 earnings and cautious global sentiment weighed on investor confidence. The Nifty 50 breached the key level of 24,900, along with the significant FII's net short positions reflect broad-based selling pre...