Stock market today, Dec. 16 -- Indian benchmarks - Sensex and Nifty - snapped their two-day winning streak, closed on a lower note on Monday, December 15, amid ongoing global cues.

The Sensex slipped 54 points, or 0.06%, to settle at 85,213.36, while the Nifty 50 declined 20 points, or 0.08%, to 26,027.30. In contrast, broader markets outperformed the benchmarks, with the BSE Midcap and Smallcap indices gaining 0.16% and 0.41%, respectively.

"Markets traded in a volatile manner on Monday and eventually ended almost unchanged, extending the ongoing consolidation phase. The session began on a cautious note, tracking continued weakness in the rupee and mixed global cues. However, a rebound in index heavyweights from key sectors helped pare...