Market wrap: Nestle India, Infosys, Shriram Finance, HDFC Life top gainers and losers on Nifty and Sensex on Wednesday

Indian equities closed lower on Wednesday as investors booked profits ahead of key US inflation data. The Nifty 50 fell 0.44% to 22,623, while the Sensex declined 0.34% to 72,782. Nestle India and Infosys led Nifty gainers, while Shriram Finance and HDFC Life topped the losers’ list.