The Sensex and Nifty indexes were bumpy on Wednesday, reflecting losses in index heavyweights Reliance Industries, TCS, and HDFC Bank amid a mixed trend in global markets.

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Following a surge of almost 200 points in early trade, the 30-share BSE benchmark became choppy and was trading 27.41 points, or 0.05%, down at 57,184.21 in early trading. The NSE Nifty also fell 33.45 points, or 0.2%, to 17,069.10.

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Dr Reddy’s, Titan, Sun Pharma, Reliance Industries, TCS, and HDFC Bank were among the Sensex pack’s notable losses. PowerGrid, NTPC, Infosys, and Wipro, on the other hand, were among the winners.

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Other Asian markets, such as Seoul, Tokyo, and Hong Kong, were quoted lower. In the overnight trading on Tuesday, stock markets in the United States rose higher.

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On Monday, the BSE benchmark fell 84.88 points, or 0.15%, to 56,975.99, while the Nifty down 33.45 points, or 0.20%, to 17,069.10. Tuesday’s equity markets were closed for Eid-Ul-Fitr.

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According to stock exchange statistics, foreign institutional investors sold shares worth Rs 1,853.46 crore on Monday.

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Meanwhile, Brent crude, the international oil benchmark, rose 1.08% to USD 106.10 a barrel. In early trade on Wednesday, the rupee rose 8 paise to 76.40 against the US dollar in anticipation of foreign money inflows via the LIC IPO.