Markets extended their losing streak for the fourth consecutive session on Wednesday, with benchmark indices closing sharply lower as the rupee hit a record low of ₹88.8 against the dollar and concerns over US H-1B visa policy changes dampened investor sentiment. The BSE Sensex tumbled 386.47 points or 0.47 per cent to close at 81,715.63, while the Nifty 50 fell 112.60 points or 0.45 per cent to settle at 25,056.90.

The broader market weakness was evident, with 2,568 stocks declining against 1,604 advances on the BSE, while 344 stocks out of the Nifty 500 closed in the red. The selling pressure was broad-based, with Nifty Midcap 100 declining 0.98 per cent and Smallcap 100 falling 0.67 per cent.

Sectoral pressure: Realty, Auto, IT fall; FMCG rises

Among Nifty 50 stocks, Power Grid Corpo

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