Stock Market Today: Nifty Sensex Resume Declines After Tuesday's Rally; L&T, SBI Top Losers

• Rupee weakened 45 paise to close at 86.70 against US dollar 

• This is its lowest close since March 17

• Intraday rupee fell 47 paise to 86.72 a dollar

• It ended at 86.25 a dollar on Tuesday

Source: Bloomberg

• The benchmark equity indices ended lower on Wednesday, snapping Tuesday's rally.

• Nifty ends 136.70 points or 0.61% lower at 22,399.15.

• Sensex ends 379.93 points or 0.51% down at 73,847.15.

• Nifty FMCG only sector ends higher for the day.

• Benchmark Indices underperformed broader market indices.

• Wipro, SBI top losers in Nifty 50.

• Nifty PSU Bank emerged as top sectoral loser for the day, dragged by Central Bank of India, Indian Bank.

• Nifty FMCG ends higher for the second day in a row.

Over 2.19 million shares of Nykaa were traded via a block deal on Wednesday. The share price of Nykaa rose 0.20% to Rs 177.10.

• Mahindra says delivered 3,000 units of XEV 9e and BE 6 electric SUVs in 20 days.

• M&M delivers 3,000 XEV 9e, BE 6 electric SUVs since March 20

• Booking trends show 59% demand for XEV 9e, 41% for BE 6

• A majority of customers are opting for top end variants of the EVs

Source: Company Statement

• Analysts say, recall is Class two, not major issue and is reversible

• Recall for most products is due to expiry date of drugs as March 2025

Source: Exchange Filing