New Delhi, Feb. 13 -- The Indian stock market demonstrated resilience in a highly volatile session, though closing marginally lower on Wednesday. The Nifty 50 index went off 26 points and closed at the 23,045 mark, the BSE Sensex lost 122 points and finished at 76,171, whereas the Nifty Bank index ended 76 points higher at 49,479. Among individual stocks, Reliance Industries emerged as the primary drag on the index, declining 1.5%, while Mahindra & Mahindra experienced the steepest fall of 3.2%. Metal, PSU Banks, and Financial Services showed strength sector-wise, while the Reality, Oil & Gas, and Auto sectors faced selling pressure.

The mid-cap and the small-cap segments demonstrated similar resilience. Despite early turbulence, both in...