Market pares some gains after hitting record high; Nifty holds above 9,450

The S&P BSE Midcap index and the S&P BSE Smallcap index added 0.2% and 0.4%

The benchmark indices extended gains to trade at  record highs on Tuesday tracking mixed trend seen in Asian markets and record closing on Wall Street. 

The 30-share Sensex rose as much as 196 points to notch its fresh high of 30,518, while the 50-share Nifty rallied 47 points to its lifetime high of 9,492. Last time, both the indices had hit their record highs on May 11.

At 12:02 pm, the S&P BSE Sensex was trading at 30,424, up 103 points, while the broader Nifty50 was ruling at 9,467, up 21 points. 

In the broader market, the S&P BSE