Key Points
BENGALURU: Indian shares were little changed on Wednesday as a rise in auto and consumer stocks offset the slide in high-weightage financials...
Both the indexes had hit all-time highs at each of the four previous sessions...
Among individual stocks, Hero MotoCorp extended gains to a fresh two-year high on the launch of a bike developed with Harley Davidson, while rival Bajaj Auto advanced 5.72% after launching two 400 cc bikes in partnership with UK's Triumph Motorcycles...
Broader indexes outperformed their larger peers, with smallcaps and midcaps rising over 0.7% each to log new 52-week and record highs, respectively...
"While the medium-term and long-term outlook for domestic equities remain promising, it would be prudent for investors to exercise caution after the recent rise to all-time highs," said G Chokkalingam, managing director for research at Equinomics Research...
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