Nifty, Nifty Midcap, BSE Smallcap, BSE500 indices hit new high

Markets, analysts say, have started to discount the geopolitical tensions as they rule out the possibility of a full-fledged war

Supportive global cues helped Nifty 50, Nifty Midcap from the National Stock Exchange (NSE) and S&P BSE Small-cap and S&P BSE500 index from the BSE (Bombay Stock Exchange) hit their respective high in intra-day deals on Monday.

While Nifty 50 index hit a new high of 10,167, surpassing its previous high of 10,115 made on August 1, 2017 in intra-day trade, the Nifty Midcap50 and Nifty Midcap100 indices, too, recorded high of 4,979 and 19,126 levels, respectively on the NSE.

The S&P BSE 500 index (14,192) and