New Delhi, Dec. 26 -- The Indian stock market closed Friday's session, December 26, with heavy losses, as selling was seen across sectors, led by IT and auto, while thin year-end trading volumes and a lack of fresh triggers kept momentum subdued.

The Nifty 50 ended the session down 0.39% at 26,043, while the S&P BSE Sensex fell 0.44% to 85,035. Both indices ended the holiday-shortened week with minor gains of just over 0.30%. Meanwhile, broader markets closed lower, with the Nifty Midcap 100 falling 0.31%, while the Nifty Smallcap 100 inched up 0.11%.

Overseas investors resumed their selling trend, remaining net sellers over the last three trading sessions after a brief pause, further weighing on sentiment.

Tech stocks were among the t...