Mumbai: The Nifty is down 0.37 per cent and Sensex is down 0.31 per cent. Earlier in the session, the Nifty gained 0.28 per cent 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 per cent to hit a life high of 26,190.44 points for the second consecutive session.
Technology stocks led falls due to profit-taking after a sharp gain in the previous session. Wipro Ltd is down 1.6 percent, Tata Consultancy Services Ltd is down 0.82 percent.
Railway-related stocks fall on profit-taking ahead of the rail budget, due later in the day. Titagarh Wagons falls 4.4 per cent while Texmaco Rail & Engineering is down 1.3 per cent. BEML Ltd slumps 3.7 per cent.
However, healthcare stocks are leading the gains with Sun Pharmaceutical Industries Ltd gaining 2.6 per cent, adding to its 1.93 percent gain on Monday on defensive buying.
