BENGALURU: Indian shares edged higher on Tuesday after dropping 2% in the past couple of sessions, with carmaker Maruti Suzuki gaining after deciding to raise prices of select models.

The blue-chip NSE Nifty 50 index rose 0.9% to 14,405 and the benchmark S&P BSE Sensex was up 0.9% at 49,010.43 by 0350 GMT. The Nifty and Sensex hit record highs last week and saw investors book some profit after the record run.

Maruti Suzuki India Ltd shares rose 2% after the country's largest automaker by market value said on Monday it will raise prices for some car models to mitigate the impact of rising costs. 

Mindtree Ltd shares rose 4% after the information technology services provider reported strong December quarter results on Monday. 

(Reporting by Nallur Sethuraman in Bengaluru) ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))