Sensex, Nifty shed early gains after fresh highs; Symphony tanks

The Indian market started on a positive note on Wednesday as the benchmark indexes touched new highs, with the Sensex opening higher by 69.82 points at 36,928.06 and the Nifty 50 climbing 12.9 points at 11,147.20.

However, the index soon pared early gains with the Sensex dropping to 36,877.71 and the Nifty slipping to 11,138.15.

Metal stocks performed well, extending their rally from the previous sessions, whereas a strong start in the midcaps was also helping the sentiment.