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.
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.
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.