Equity benchmark indices came off early highs in the afternoon trade on Wednesday as profit booking emerged at higher levels. The BSE S&P Sensex closed 86 points or 0.22 per cent at 38,615 while the Nifty 50 gained by 23 points or 0.2 per cent at 11,408. Sectoral indices at the National Stock Exchange were mixed with Nifty media gaining by 5.3 per cent, PSU bank by 2.3 per cent and realty by 1.2 per cent. Among stocks, Zee Entertainment was the top gainers after moving up 14 per cent to Rs 198.40 per share. A day earlier, it reported 94 per cent fall in its net profit for the June quarter while Subhash Chandra tendered his resignation as the Non-Executive Director.