New Delhi, Jan. 21 -- The Indian stock market recorded losses for the third consecutive day on Wednesday, January 21, although the declines were limited due to a sharp recovery in the latter half of the session.

Following heavy losses in the US market, both the Nifty 50 and Sensex opened lower, and the sell-off intensified during the first half, with both indices losing over 1% at their intraday lows before starting to recover.

Consequently, the Nifty closed down 0.3% at 25,150 points, while the Sensex ended the session at 81,971, down 0.25% from the previous close. The broader markets, however, underperformed the key indices, with the Nifty Midcap 100 falling 1.2% and the Nifty Smallcap 100 losing 0.66%.

Concerns have mounted that tar...