Sensex, Nifty In Red Dragged By Financial, It Shares; Bajaj Finance

: Indian equity benchmarks Sensex and Nifty50 gave up initial gains in a choppy session on Wednesday, amid weakness across most global markets. Losses in financial, IT and consumer shares pulled the headline indices lower, though gains in oil & gas and metal stocks lent some support. Broader markets also weakened, with the Nifty Midcap 100 and Smallcap 100 gauges down half a percent in late morning deals. Investors awaited more Q3 numbers from India Inc for cues, a day after Bajaj Finance reported an 85 percent jump in net profit to Rs 2,125 crore for the December quarter, beating Street estimates.