Market slips from record highs; IT outperforms

The Indian stock market on Wednesday fell from the all-time high hit in trade earlier this week.

- STATESMAN NEWS SERVICE

At close, the Sensex was down 31.46 points or 0.04 per cent at 85,106.81, and the Nifty was down 46.20 points or 0.18 per cent at 25,986.00.BSE Midcap index shed 1 per cent and smallcap index declined 0.4 per cent.

The broader market selloff was sharper as the BSE Midcap index lost 0.95 per cent and the BSE Smallcap index shed 0.43 per cent. The overall market capitalisation of BSE-listed stocks fell by Rs 2.76 lakh crore to Rs 469.69 lakh crore.