The Indian stock market extended losses for the second straight session on December 17 amid selling across the sectors led by auto, financials, metal, oil & gas. At close, the Sensex was down 1,064.12 points or 1.30 percent at 80,684.45, and the Nifty was down 332.25 points or 1.35 percent at 24,336.

After the negative start, the market extended profit booking as the day progressed and dragged the Nifty near 24,300 as investors remained cautious ahead of Fed decision on December 18.

Shriram Finance, Bharti Airtel, Grasim Industries, Hero MotoCorp and JSW Steel were top losers on the Nifty, while the only gainers were ITC and Cipla.

All the sectoral indices ended in the red with auto, bank, energy, metal, oil & gas down 1 percent each.

BSE Midcap and smallcap indices were down 0.5 percent each.

More than 270 stocks touched their 52-week high on the BSE, including, Oberoi Realty, Max Healthcare, Kaynes Technologies, Coforge, Indian Hotels, 360 ONE WAM, Paytm, Persistent Systems, Caplin Labs, Dixon Technologies, Lloyds Metals, Page Industries, Info Edge, Coromandel International, among others.