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Benchmark indices touch all-time highs on easing US-China trade tensions

Foreign institutional investors seem to be booking profit though, having shed shares worth Rs 435 crore in Dec

Sundar Sethuraman & Jash Kriplani 

The correction has been sharper in the broader market with the NSE Midcap 100 and NSE Smallcap 100 currently at their lowest level since February 2017 and December 2016, respectively

The Sensex and the hit record highs of 41,401.7 and 12,182.8 points, respectively, on Tuesday, as investors cheered the easing of trade tensions between the US and China. Both indices gained 1 per cent each.

Global also went up, with the Dow Jones hitting an all-time high on Monday. Asian were up, too.

Foreign institutional investors seem to be booking profit though, having shed shares worth Rs 435 crore in December.

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First Published: Wed, December 18 2019. 02:42 IST
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