Chrome Version: 51.0.2663.0 (Official Build) 5c3e3aa16e4d6f592742fff247fe2d591c170fd6-refs/heads/master@{#378159} 32/64 Bit.
OS: Windows (Win 7 Aero-Enabled)

Steps:
1. Launch chrome, navigate to chrome://extensions and delete all the extensions. 
2. Right click on the web page >> click 'Inspect' >> Undock into separate window >> toggle to device mode
3. Select any device for eg. iPhone 6 >> Click on 'Developer mode' checkbox >> Click on 'Load unpacked extension...' >> Close the overlay.
4. Hover the mouse pointer over 'browse the Chrome Web Store' hyperlink and observe.

Actual: Arrow pointer is seen over the hyperlink after closing the overlay.

Expected: Touch pointer should be seen over the hyperlink after closing the overlay.

This is a regression issue broken in M-49.

Manual regression range:
Good Build: 49.0.2566.0
Bad Build: 49.0.2567.0

Narrow Bisect: 
https://chromium.googlesource.com/chromium/src/+log/ab34a8ec1528bd2bad8a4566d39751d77e7bfa6e..9f5fa51c61d1d49d635eaba7f0dfdb9f26936651?pretty=fuller&n=100

Suspecting: r359993

Note: Issue is not seen in Mac and Linux OS.
 

Deleted: Actual.mp4 731 KB

Actual.mp4 731 KB Download

Deleted: Expected.mp4 990 KB

Expected.mp4 990 KB Download