BENGALURU, Nov 10 (Reuters) - India's main stock indexes hit record highs on Tuesday, following a rise in shares of companies such as airlines and hotels that are expected to benefit from a return to normalcy, as investors across the world cheered progress in the development of a coronavirus vaccine.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was 0.12% higher on news of Pfizer Inc (NYSE: PFE )'s PFE.N experimental COVID-19 vaccine showing over 90% effectiveness based on initial trial results. MKTS/GLOB
The U.S. drugmaker's Indian arm Pfizer Ltd PFIZ.NS gained as much as 19.8% during the session.
The Nifty IT index .NIFTYIT was the top drag among sectors and fell 2.8%.
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