Equity benchmarks gave up all gains in afternoon trade with the Sensex falling 16.77 points to 27986.35 and the Nifty down 12.25 points at 8624.30, dragged by HDFC (down 2.6 percent), ICICI Bank (down 1.5 percent), Tata Motors and Infosys.
The market breadth weakened further as about two shares declined for every share rising on the Bombay Stock Exchange.
Advanced Enzyme, Atul, Bharat Financial, Bajaj Finance, Maruti Suzuki, ICICI Bank and HDFC were most active shares on exchanges.
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