Stock Market Today: Nifty, Sensex Erase Day's Gains After Final-Hour Slump; Kotak Bank Drags Most

• Nifty and Sensex close lower for the 2nd consecutive day.

• SBI Life Insurance and Kotak Mahindra Bank are the top losers in Nifty.

• Benchmark Indices underperformed Broader Market Indices.

• Broader Market Indices snaps the two-day losing streak.

• Nifty PSU Bank fall for the 2nd consecutive day, worst performing sector for the day.

• Among Nifty PSU Bank Punjab National Bank emerged as top loser followed by Union Bank of India.

• MOFSL gains 8% after its AUM crosses 1.5 lakh crore.

• Nykaa falls more than 4% after Banga Family sells stake via block deal.

• One Mobikwik gains 2% after it gets SEBI certificate to operate as Stock Broker.

• Nifty Media snaps two-day losing streak.

• Nifty Auto gains for the 2nd consecutive day.

• Nifty Pharma gains for the 10th consecutive day.

• Nifty FMCG snaps 4-day losing streak.

• Nifty Financial Services fall for the 4th day in a row.

• Nifty Realty fall for the 6th day in a row.

• Nifty Metal snaps two-day gaining streak.

• Rupee closed 39 paise stronger against US Dollar at 85.32

• The close is the highest level since May 27

• It closed at 85.71 a dollar on Wednesday

Source: Bloomberg

Dreamfolks Services share price declined 5.94% to Rs 211.05 apiece. The share price was trading 2.93% down at Rs 217.75 apiece.

One MobiKwik' arm Mobikwik Securities Broking Gets SEBI Certificate To Operate As Stock Broker 

AGI Greenpac Ltd. has made a voluntary partial prepayment of term loans amounting to Rs 193 crore, utilizing internal accruals. This information is detailed in their latest exchange filing.