Nifty dips into red after crossing 4,300 points

The National Stock Exchange's Nifty index went into the negative territory after hitting a record high of over 4,300 level in early morning trade.

The National Stock Exchange's Nifty index went into the negative territory after hitting a record high of over 4,300 level in early morning trade.

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The index has been on an upward move since Monday and crossed the 4,300 points mark for the first time on Wednesday.

The index was trading 25.75 points down at 4,267.50 points, in line with subdued Asian stock markets.

Earlier, it soared to a record high of 4,301.60, up 8.35 points from Tuesday's close of 4,293.25 points.

The BSE-30 share index, Sensex, which gathered over 110 points on Tuesday, gained another 29.78 points at 14,537.99.

Major gainers, which helped Nifty to cross 4,300 points mark, were Larsen and Toubro, HDFC, BHEL and State Bank of India.