Late sell-off snaps rally, Sensex Nifty close flat; Rupee hits record low.

• Indian stock market experienced volatility, closing nearly flat after recovering from lows, ending a two-day winning streak.
• Sensex closed down 54 points at 85,213, and Nifty slipped 20 points to 26,027.
• Banking stocks outperformed, with Nifty Bank rising 72 points, while the Midcap Index fell 71 points.
• The Rupee hit a record low of 90.79 against the dollar, contributing to an intra-day recovery in IT stocks.
• Foreign Institutional Investors (FIIs) were net sellers, while Domestic Institutional Investors (DIIs) bought shares.

Why It Matters: Market volatility, FII selling, and rupee depreciation signal ongoing investor caution.