Stock market recap, Jan. 16 -- Frontline indices, the Sensex and the Nifty 50, extended losses for a second consecutive session on Wednesday, 14 January, as persisting uncertainty over an India-US trade deal, mixed Q3 earnings, and relentless foreign capital outflow continued to weigh on market sentiment.

The Sensex dropped 245 points, or 0.29%, to end at 83,382.71, while the Nifty 50 fell 67 points, or 0.26%, to settle at 25,665.60. The mid and small-cap segments outperformed. The BSE Midcap and Smallcap indices closed the day 0.16% and 0.25% higher, respectively.

On Thursday, stock exchanges were shut due to civic polls in Maharashtra.

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