Sensex and Nifty ended the day with modest gains after reaching record highs earlier in the trading session.
Sensex closed 204 points higher at 76,811, a rise of 0.27%.
Nifty ended 76 points up at 23,399, representing a gain of 0.33%.
The markets were initially strong, with Sensex reaching a lifetime high of 77,145.5 and Nifty hitting a record high of 23,481.05.
Volatility index (VIX) dropped 6%, indicating a less anxious market sentiment.
Broader market indices, including mid-cap and small-cap, continued to show optimism.
The realty sector outperformed others, rising by 2%.
Overall, it was a quiet day for the Indian stock market, with gains but a pullback from earlier highs.