Nifty hits the 7800 mark for the first time

The Nifty was down 0.37% and Sensex was down 0.31%. Earlier in the session, the Nifty gained 0.28% to touch a record high for the fourth straight session and hit the 7,800 mark for the first time.
The benchmark index rose 0.35% to hit a life high of 26,190.44 points for the second consecutive session.

Technology stocks led fell due to profit-taking after a sharp gain in the previous session. Wipro Ltd was down 1.6%, Tata Consultancy Services Ltd was down 0.82%.

Railway-related stocks fell on profit-taking ahead of the rail budget, due later in the day. Titagarh Wagons falls 4.4% while Texmaco Rail & Engineering is down 1.3%. BEML Ltd slumps 3.7%.

However, healthcare stocks are leading the gains with Sun Pharmaceutical Industries Ltd gaining 2.6%, adding to its 1.93% gain on Monday on defensive buying.


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