Indian equity benchmarks ended at record highs on Thursday, boosted by conglomerate Reliance Industries and IT major Tata Consultancy Services, while automaker Mahindra & Mahindra fell after warning a chip shortage could hit production.

Dear Trader… Indian equity benchmarks resumed record closing high spree after a day’s blip on the weekly F&O expiry day, tracking gains in index majors TCS, Hindustan Unilever and Ultratech Cement. MARKETS witnessed the continuation of a positive trend, as investors cheered RBI’s statement that India’s holding of IMF’s Special