Stock markets trade higher in early deals

MUMBAI: (Nov 28) Equity benchmark indices Sensex and Nifty advanced in early trade on Friday, after hitting record highs in the previous session, helped by buying in blue-chip Reliance Industries and rate cut optimism.

The 30-share BSE Sensex climbed 103.96 points to 85,824.34 in early trade. The 50-share NSE Nifty went up by 36.2 points to 26,251.75.

From the Sensex firms, Mahindra & Mahindra, Reliance Industries, Hindustan Unilever, Titan, Tech Mahindra and Tata Motors Passenger Vehicles were among the major gainers.