Domestic equity benchmarks struggled below the flatline amid selling pressure in financial services stocks on Wednesday. However, some buying interest in spaces like pharmaceuticals and oil & gas lent some support, preventing the main gauges from taking deeper cuts. The Sensex fell as much as 384.5 points to 80,299.9 while the Nifty50 slipped below the 24,250 mark during the session. Among index heavyweights, HDFC Bank, ICICI Bank, Power Grid, Tata Motors, Larsen & Toubro, Axis Bank and TCS weighed on the market. On the other hand, stocks like Sun Pharma, HCLTech and RIL enjoyed some buying interest, supporting the market. 

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At 10:35 am, both main gauges were down 0.2 per cent, with the Sensex down 185.1 points at 80,499.3 and the Nifty50 down 48.1 points at 24,287.9.

Power Grid, Tata Motors, BEL, ICICI Bank, NTPC, HDFC Bank, Adani Ports and Axis Bank, trading around 1-2 per cent each, were the worst hit among the 24 laggards in the Nifty50 basket. 

On the other hand, Dr Reddy's, Cipla, Sun Pharma, Tata Consumer Products and Eicher Motors, enjoying gains of between 1.2 per cent and 2.2 per cent, were the top blue-chip gainers. 

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