New Delhi, Dec. 9 -- The Indian stock market stayed lower for the second consecutive session on Tuesday, December 9, with key benchmark indices dropping another 0.50% after their steepest fall in over two months in the previous session.

A lack of fresh triggers, uncertainty over a trade deal with the US, persistent selling by overseas investors, and concerns over the sharp depreciation of the Indian rupee continued to weigh on market sentiment.

Investors also remained cautious ahead of the US Federal Reserve's rate decision, causing the Nifty 50 to slip another 0.47% to 25,838 and the S&P BSE Sensex to fall 0.56% to 84,628.

Despite pressure on the frontline indices, mid- and small-cap stocks staged a smart recovery, with the Nifty Midc...