NEW DELHI: Equity benchmark Sensex has been hitting fresh record highs on a daily basis even as high-frequency macro-economic data continued to show acute pain in the economy.

Sensex rallied for the seventh straight sessions to Monday but closed a notch lower on Tuesday. On Wednesday, it hit a new peak at 40,469, and added another 50 points in Thursday’s morning trade to top the 40,500 mark.

This, even as latest data suggested a two-year low manufacturing PMI reading in October ......ET