Home Business Indian equity benchmarks ended at record highs on Thursday, boosted by conglomerate...

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.

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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 Drawing Rights (SDR) has gone up to SDR 13.66 billion which is equivalent to USD 19.41 billion as per exchange

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