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.
HDFC, HDFC Bank, Maruti, Dr Reddy's, Asian Paints, Bajaj Finserv, PowerGrid and Kotak Bank were among the major laggards.