The Bombay Stock Exchange benchmark Sensex which gained nearly 357 points in the previous two sessions, fell by 92 points, or 0.56 per cent, to 16,405 in the first few minutes of trade on Wednesday. In a similar fashion, the wide-based National Stock Exchange Nifty index shed 28.55, or 0.55 per cent, to 4,920. Meanwhile, in the Asian region, Hong Kong's Hang Seng Index was down 0.45 per cent, while Japan's Nikkei lost 0.19 per cent in morning trade on Wednesday. The Dow Jones Industrial Average in the US rallied by nearly 3 per cent in Tuesday's trade.