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Sensex, Nifty end negative after hitting new highs

Asian stocks moved both ways and Europe opened lower as the judgement day neared for the US tax cut legislation. 

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(Eds: Correcting word in para 1)Mumbai, Dec 20 (PTI) Stock benchmarks today fell fromtheir respective highs and ended with losses, pulled down bybanking stocks.

Asian stocks moved both ways and Europe opened lower asthe judgement day neared for the US tax cut legislation.

The BSE 30-share Sensex resumed higher to touch a newall-time intra-day high of 33,956.31, but gave up its earlygains on profit-booking before ending at 33,777.38, down 59.36points, or 0.18 per cent.

The Sensex had closed at record high of 33,836.74yesterday.

The gauge had rallied 783.70 points in the previous foursessions.

Similarly, the broader NSE Nifty went up to a freshlife-time high of 10,494.45, but failed to stay on the top asit slipped and closed down 19 points, or 0.18 per cent, at10,444.20.

The NSE Nifty had closed at a record high of 10,463.20yesterday.

Besides, the rupee edging down from 3-month high againstthe dollar hit sentiment.

Foreign portfolio investors (FPIs) net sold sharesworth Rs 407.83 crore yesterday. But domestic institutionalinvestors (DIIs) bought equities to the tune of Rs 357.40crore. PTI DP KPS SUN ARDARD.

This is unedited, unformatted feed from the Press Trust of India wire.

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