The benchmark indices on Wednesday traded in red with the 30-share BSE Sensex plunging by 310.28 points to end at 27,774.88 while the broader Nifty fell by 102.95 to close at 8,575.30.

Lupin, Reliance Industries Ltd, and Mahindra were the biggest losers of the day while Adani Ports, TCS, and Coal India Limited ended the day as top gainers.