MUMBAI: Equity benchmarks wiped out early gains and settled lower for the third day in a row on Wednesday, with the sensex falling over 237 points, pulled down by HDFC twins amid persistent foreign fund outflows and mixed global trends.
Despite a firm opening, the sensex failed to hold on the momentum and declined 237.44 points or 0.41 per cent to settle at 58,338.93. During the day, it tanked 285.14 points or 0.48 per cent to 58,291.23.