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Indian shares edge higher

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India's BSE index is up 0.35 percent, while the broader NSE index is 0.16 percent higher, hovering near record highs hit in the previous session.

Indian shares are set to open flat on Thursday, following losses in global stocks, and on foreign investor sales and caution ahead of inflation data.
Sensex, Nifty flat; Infosys up 1%

Indian equity benchmarks continued to consolidate for the third day on Thursday. 

The Sensex rose 37.94 points to 25511.83 while the Nifty fell 5.10 points to 7621.75. About 780 shares have advanced, 810 shares declined, and 27 shares are unchanged.

infosys erased early gains, up 1 percent after appointment of Vishal Sikka as new CEO and MD. ONGC, BPCL, Hindalco and Sun Pharma are top gainers in the Nifty. Losers include Bharti Airtel, Bank of Baroda and Axis Bank.

The Indian rupee has opened flat at 59.29 per dollar on Thursday as against previous day's closing value of 59.27 a dollar.

Indices up; BSE Mid-cap flat

BSE Sensex is trading up 76 points at 25,550, while S&P Nifty is trading up 8 points at 7,634.

BSE Mid-cap is flat at 9,118, while BSE Small-cap is down 0.24% at 9,926.

Gainers-Infosys, Sun Pharma, DFC,ONGC, Cipla and Wipro

Loosers-Bharti Airtel, Axis Bank, M&M, Coal India, ICICI Bank and Hero MotoCorp 

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