Sensex Touches All-Time High of 39,487.45, Nifty at 11,804.25 Points

Team Latestly
On Monday, the Sensex had touched historic highs following exit polls forecasting an overwhelming majority for Prime Minister Narendra Modi in the just-concluded general elections.

Mumbai, April 18: With the polling for Phase 2 Lok Sabha Elections 2019 is on, Sensex and Nifty on Thursday reached new heights with currently at 39,487.45 and 11,856.15 points respectively. This is a new all-time high for Sensex which is up 212 points from the previous close.

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According to the share market, billionaire Mukesh Ambani-led Reliance Industries's shares jumped by more than 2% at Rs 1,375.50, ahead of its Q4 results scheduled to be reported on Thursday. However, private sector airline slumped by 10% to Rs 216.45 on NSE. Sensex Touches All-Time High, Crosses 39,000 Mark at Start of New Financial Year. 

The shares of debt-ridden Jet Airways plunged in trade after the firm shut all domestic as well as international operations temporarily, owing to lack of funds. Its shares slumped 34% to hit the day's low at Rs 158.70 on NSE. Jet Airways on Wednesday finally suspended all operations temporarily after its lenders refused a plea for emergency funds.

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In another update, Mukesh Ambani’s Reliance Industries Ltd. is mulling sell as much as a quarter of its refining business for at least $10 billion and is entertaining offers from Aramco and Abu Dhabi National Oil Co.