Equity benchmarks erased all morning gains to trade lower in afternoon, weighed by HDFC, ITC, Aurobindo Pharma and ONGC that fell 2-3 percent. Reliance Industries and ICICI Bank, however, capped losses.
The 30-share BSE Sensex was down 79.59 points at 33,139.22 and the 50-share NSE Nifty fell 27 points to 10,276.20.
About 1,347 shares declined against 1,091 advancing shares on the BSE.
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