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Indian equity indices closed at record highs on Wednesday following a rally in heavyweights like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank.
Dear Trader… Indian headline indices touched record highs on Wednesday courtesy banks and financial stocks, especially HDFC Bank, which surged as investors bet on the possibility of an increase in the stock’s weightage in the MSCI index in the August review. The 30-stock S&P BSE Sensex touched a lifetime high