[Need Help] Glitch Frames In Render (16.2) - Video Included

Hey guys,
So I have been using resolve 16.2 for sometime and I have been facing this weird glitchy frame where I am getting this some pixelated blocks from the previous frames every time there is an abrupt change in the video render like in this video :
Link -

So far I have only encountered this when rendering in mp4 or Quicktime MOV using H.264. However, when I tried using Cineform 10 bit as the codec this problem went away and the playback was just fine.
Also, the timeline playback on resolve project doesn't seem to show any problems. And this is just the render which has the problems. When I imported the Rendered video file back to resolve and I didn't see the glitch frames when played back in the timeline but whenever I play on VLC, Windows media player or even on YouTube the problem seems to come back.
My PC specs -
https://pcpartpicker.com/b/Q6Cbt6
(The graphics card driver is up to date)
Any help is greatly appreciated! _/\_
Regards,
Vidya Sagar Mukkavili
So I have been using resolve 16.2 for sometime and I have been facing this weird glitchy frame where I am getting this some pixelated blocks from the previous frames every time there is an abrupt change in the video render like in this video :
Link -

So far I have only encountered this when rendering in mp4 or Quicktime MOV using H.264. However, when I tried using Cineform 10 bit as the codec this problem went away and the playback was just fine.
Also, the timeline playback on resolve project doesn't seem to show any problems. And this is just the render which has the problems. When I imported the Rendered video file back to resolve and I didn't see the glitch frames when played back in the timeline but whenever I play on VLC, Windows media player or even on YouTube the problem seems to come back.
My PC specs -
https://pcpartpicker.com/b/Q6Cbt6
(The graphics card driver is up to date)
Any help is greatly appreciated! _/\_
Regards,
Vidya Sagar Mukkavili