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Sensex hits 42,000 in intra-day trade

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Mumbai: Sensex and Nifty on Thursday eked out gains but retreated from record highs touched in early trade, as optimism over US-China trade deal short-lived after investors weighed macroeconomic issues like higher bank NPAs and a spike in retail inflation.

Starting off on a bullish note, the 30-share BSE Sensex went on to hit its life-time high of 42,059.45 in early deals. It, however, briefly moved into the negative territory before settling at 41,932.56 points. PTI

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