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MUMBAI -- Indian stocks dropped 0.08% Wednesday, as the BSE Sensex fell 10.28 points to close at 12,353.49, after touching as high as 12,514.18 points early in the morning trade.

Wednesday's action continues quiet trading in Mumbai. The Sensex fell 7 points Monday and 2 points Tuesday.

Gainers Wednesday were

Infosys

(INFY) - Get Infosys Limited Sponsored ADR Report

, which rose 3.95% after the company posted strong second quarter results,

TCS

, up 3.33% and

HDFC Bank

(HDB) - Get HDFC Bank Limited Sponsored ADR Report

, up 2.77%.

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Among the losers were

Tata Motors

(TTM) - Get Tata Motors Limited Sponsored ADR Report

, which lost 3.38%,

Gujarat Ambuja Cements

, down 2.64% and

Ranbaxy

, down 2.46%.

BASF

declined 3.67% even as it announced a 19.8% rise in its earnings for the second quarter.

This story was created through a joint venture between TheStreet.com and IRIS.