REUTERS - The Nifty hit a record high at 7,700 on Wednesday, while the Sensex also touched an all-time high at 25,735.87. The indices are trading down 0.4 percent each in afternoon trade.
Infosys Ltd gains 4.4 percent on value buying. The BSE IT index is up 2.4 percent.
Wipro Ltd is up 0.8 percent, while Tata Consultancy Services Ltd gains 1.6 percent.
Among drugmakers, Cipla Ltd gains 1.6 percent, while Dr. Reddy's Laboratories Ltd is up 0.8 percent.
However, shares of L&T Finance Holdings Ltd were trading 4.5 percent lower after the company set a floor price at a discount of 9.7 percent to its Tuesday's close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app