Nifty edges down on profit-taking after record high

Mumbai: The Nifty was trading in the red on Wednesday on profit taking after the broader index earlier hit its third straight record high at 7,922.70. The Nifty was trading down 0.18 per cent.

Blue-chips fall: ITC down 0.86 per cent and State Bank of India lower 1.2 per cent. Traders eye falling crude oil prices and rising dollar for further cues. However, heavy foreign buying in India's options points to big move.