Markets extended their decline into the afternoon session on Wednesday, with both benchmark indices trading lower as the weakening rupee continued to pressure sentiment. The Sensex fell 295.27 points or 0.36 per cent to 81,806.83, while the Nifty 50 declined 78.60 points or 0.31 per cent to 25,090.90 as of 12.46 PM.

The markets opened weak following Tuesday’s losses, with the Sensex starting at 81,917.65 against its previous close of 82,102.10.

The index touched a high of 82,045.47 and a low of 81,607.84 during the session. The Nifty opened at 25,108.75 compared to its previous close of 25,169.50, moving between a high of 25,149.85 and a low of 25,027.45.

Foreign institutional investors continued their selling spree, having offloaded ₹3,551 crore on September 23, pushing their mont

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