New Delhi, Dec. 17 -- It was yet another day dominated by the bears as the Indian stock market logged losses for the third straight day on Wednesday, December 17, with sentiment remaining subdued, even as the Indian rupee staged a sharp recovery from its recent slump.

After losing 0.64%, the Nifty 50 dropped another 0.18% to settle at 25,812, breaching the key support of 25,850, while the S&P Sensex also extended losses, falling 0.12% to 84,576 points. The latest sell-off has led both indices to lose over 1.4% in December so far.

The broader market also remained weak, with the Nifty Midcap 100 index falling 0.66% and the Nifty Smallcap 100 index plunging even deeper by 0.74%.

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