While large-cap stocks maintained their upward momentum for the fifth consecutive trading session, mid-cap and small-cap stocks struggled to sustain the rally. The Nifty Midcap 100 ended the session down 0.71% at 60,419 points, and the Nifty Smallcap 100 also closed lower at 19,357 points, down 0.42% compared to the previous closing price.

Sensex and Nifty traded on a flat note on Wednesday after hitting record highs for last four sessions, as traders are expected to take a breather, while they look for cues on the strength of the U.S.

Indian equity benchmark indices, BSE Sensex and Nifty50, dropped in opening trade on Wednesday. While BSE Sensex was trading above 84,700, Nifty50 was near 25,900.