Stock market today, Dec. 26 -- Indian indices - Sensex and Nifty 50 - closed in red on Wednesday, December 24, amid profit-taking in select heavyweight stocks such as Reliance and ICICI Bank and mixed global cues.

The Sensex slipped 116 points, or 0.14%, to finish at 85,408.70, while the Nifty 50 declined 35 points, or 0.13%, to end at 26,142.10. The broader markets also weakened, with the BSE Midcap index down 0.37% and the Smallcap index easing 0.14%.

"Markets traded lackluster for the second consecutive session and ended marginally lower, indicating continued consolidation after the recent surge. After a stable start, the Nifty moved within a narrow range for most of the session in the absence of fresh triggers and eventually closed ...