MARKETS: Indices near record highs; advance-decline ratio favours sellers
LIVE market updates: Domestic benchmark equities came off record highs in the early afternoon session. The BSE benchmark Sensex was trading 90 points higher at 55,500 levels. The index hit new high of 55,680 today. Its NSE counterpart Nifty50 was up 12 points and hovered near the 16,550 mark. The 50-pack index hit fresh peak of 16,585.
The broader markets underperformed benchmark as BSE Midcap index lost 0.13 per cent and BSE Smallcap 0.40 per cent.
Globally, Japan’s Nikkei slipped 2 per cent, Australia’s ASX 200 fell 0.4 per cent, and MSCI’s broadest index of Asia-Pacific shares outside Japan traded flat. South Korea’s markets are closed on Monday for a holiday.
