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Benchmark stock market indices reached all-time highs at the opening on Wednesday, driven by a surge in shares of carmaker Maruti Suzuki. However, these gains were short-lived as financial stocks dragged the benchmarks down.
The S&P BSE Sensex and NSE Nifty50 each rose about 0.1% at the opening, setting new record highs for the second consecutive session.
The Nifty has now achieved record closing highs 16 times out of 27 sessions since the start of June, surpassing the Sensex in this regard.