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Market Highlights: Indices snap out of record run, Sensex slips 80 points as bank stocks dip

The benchmark indices on BSE and NSE opened lower on Wednesday amid weakness in the Asian market. (File photo)

Share/Stock Market, Equity Market, Rupee Highlights: The benchmark equity market indices on the BSE and National Stock Exchange (NSE) snapped out of their record-breaking run after they ended marginally lower on Wednesday tracking the weakness in the global markets.

The S&P BSE Sensex declined 79.90 points or 0.19 per cent to end at 41,872.73, while the broader Nifty 50 slipped 19.00 points or 0.15 per cent to settle at 12,343.30.

Among the sectoral indices on the NSE, the Nifty Bank index was the biggest loser of the day after it fell 246.75 points to end at 31,824.90 weighed by the shares of IndusInd Bank, RBL Bank, State Bank of India (SBI).

However, in the broader market, the midcaps and smallcaps outperformed their benchmark peers on Wednesday. The S&P BSE MidCap rose 101.10 points or 0.66 per cent to end at 15,506.23, while the S&P BSE SmallCap settled at 14,533.86, up 150.15 points or 1.04 per cent.

(with inputs from agencies)