Equity benchmarks erased early gains to trade in the red by midday on Wednesday, with the BSE Sensex down 239.66 points, or 0.28 per cent, at ₹84,440.20 and the NSE Nifty 50 falling 76.85 points, or 0.30 per cent, to 25,783.25 as of 1 pm. The Sensex had opened higher at ₹84,856.26 against the previous close of ₹84,679.86, while the Nifty opened at 25,902.40 compared to Tuesday’s close of 25,860.10. Both indices attempted a tentative recovery in early trade before losing momentum and slipping into negative t ...