Domestic shares close at record highs on Reliance, TCS boost

Benchmark market indices closed at record highs after gains in Reliance Industries Limited and IT major TCS.

Indian shares 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. The blue-chip NSE Nifty 50 index closed 0.92% higher at 17,234.15 and the benchmark S&P BSE Sensexclimbed 0.90% to 57,852.54.