BSE Sensex, Nifty rise to record high after trade deficit narrows

BSE Sensex rose as much as 0.5 pct to all-time high of 28,185.78.

NSE index gained 0.44 pct to a life high of 8,426.8.

India’s trade deficit narrowed to $13.35 billion in October, government data showed on Tuesday.

The deficit stood at $14.25 billion in September.

Blue-chips, including consumer discretionary stocks, gain.

Asian Paints gains 3 pct, while ITC is up 0.3 pct.