Indian equity benchmarks closed at record highs on Thursday, powered by a rally in shares of IT companies and public sector banks, with sentiment bolstered by signals the U.S. Federal Reserve may slow the pace of interest rate hikes.

Dear Trader… The Indian equity market rallied sharply on the expiry day of the November series. Bank nifty and Sensex witnessed a fresh all-time high, while Nifty ended with a record closing high. The drop in the dollar index and US bond yields following some dovish comments in US Fed