D-Street scales new peaks after 14 months as FPI selling cools, US-India deal eyed

India’s equity indices hit an all-time high on Thursday after a gap of 14 months, with the Sensex crossing 86,000 and the Nifty breaking above 26,300 for the first time. Though gains were capped after Wednesday’s momentum fizzled out, investors are pinning hopes on the US-India trade deal and a decline in foreign investor selling to push the markets higher in the foreseeable future.The NSE Nifty ended at 26,215.55 after reaching an intraday high of 26,310.45…