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Markets pare gains from all-time highs; Nifty Realty index down 5%

The S&P BSE Midcap and the S&P BSE Smallcap indices also hit their respective all-time highs

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<b> Photo: shutterstock <b/>

Aprajita Sharma New Delhi
The benchmark indices on Wednesday pared gains after hitting their fresh lifetime highs after Asian markets inched closer to their two-year high, while on Wall Street Nasdaq Composite hit a record high. Back home, a string of solid quarterly results also boosted the sentiment. 

The S&P BSE Sensex rallied as much as 203 points to 30,146, surpassing its previous all-time high level of 30,024 hit on March 04, 2015. The broader Nifty50 rose 57 points to 9,364 to hit its fresh high for second day in a row.

At 2:42 pm, the S&P BSE Sensex was trading at 29,988, up 45 points,