Market's Rollercoaster: Sensex Jumps 633, Nifty 197 Amidst Late Sell-off & Rupee's Record Low

• Indian stock market closed with gains for the third consecutive day, Sensex up 633 points, Nifty up 197 points.
• IT and auto stocks supported the market, with midcap stocks showing significant momentum.
• A sudden sharp sell-off occurred in the last 15 minutes of trading, causing Nifty to drop from 23,800 to 23,735.
• Profit booking by large traders and funds was identified as the reason for the late-day sell-off.
• The Indian rupee hit a record low, closing at 92.63 against the dollar, its weakest ever closing level.