India, Oct. 27 -- The Australian stock market is paring its early gains in mid-market moves on Wednesday, but extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving above the 8,850 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
The markets pared early gains following the release of hotter-than-expected domestic inflation data, which boosted expectations for a fifth rate hike this year.
The benchmark S&P/ASX 200 Index is gaining 7.00 points or 0.08 percent to 8,857.10, after touching a high of 8,937.00 earlier. The broader All Ordinaries Index is up 12.70 points or 0.14 percent to 8,981.50. Australian stocks ended ...