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Indian stock markets were flat on Wednesday, paring gains after scaling new peaks for a sixth consecutive session, with IT stocks boosting the indexes.
The Nifty IT index rose as much as 3.9 per cent to hit a record high and was set to post its seventh session of gains. Infosys contributed the most to the rise, climbing as much as 3.7 per cent.
The Nifty Pharma index rose for a fourth consecutive session, climbing as much as 0.5 per cent.
The broader NSE index was up 0.01 per cent at 11,085.20 as of 0626 GMT, after rising as much as 0.24 per cent to hit an all-time high of 11,110.10 points, reports Reuters.
The benchmark BSE index was 0.06 per cent higher at 36,161.56, having earlier climbed 0.35 percent to hit a peak of 36,268.19 points.
Meanwhile, investors booked profits in market heavyweights such as Reliance Industries Ltd, which fell as much as 2.1 per cent after gaining in the last three sessions.
ICICI Bank Ltd fell 2.6 per cent, after rising in seven of the last eight sessions.
Bharti Airtel led fell 6.2 per cent. Idea Cellular Ltd lost 5.7 per cent while Reliance Communications Ltd slipped over 2.0 per cent.
Indiabulls Housing Finance Ltd rose 2.2 per cent while PNB Housing Finance Ltd climbed 2.9 per cent.
United Spirits Ltd slid as much as 6.7 per cent after the liquor company on Tuesday posted smaller-than-expected third-quarter profit.