Market News - Reliance Industries up 2%, Jet Airways down 10%

Reliance Industries up 2%- Shares of billionaire Mukesh Ambani-led Reliance Industries jumped by more than 2% at Rs 1,375.50, ahead of its Q4 results.

Jet Airways down 10%- Shares of private sector airline slumped by 10% to Rs 216.45 on NSE. Shares of the cash-strapped airline plummeted over 34 per cent, its biggest intraday fall on record, to RS 158.70 apiece.

Spicejet At 14-Month High - Shares of the low-cost carrier rose as much as 15 percent to Rs 152.60, its highest since February 2018. The shares gained 52 per cent in the last five days.

RIL, Wipro, Tech Mahindra, ICICI Bank, SpiceJet, Interglobe Aviation, HDFC, HDFC Bank, are the major gainers in the indices, while losers are Jet Airways, Infosys, TCS and Hindalco. Among the sectors, auto, energy and bank are trading higher, while selling seen in the metal, IT and infra.

Rupee opening - Rupee opens at Rs 69.46 against US Dollar, up 14 paise against Tuesday's close of Rs 69.60

Ashoka Buildcon gains 2% - Shares of Ashoka Buildcon added 2 per cent in the early trade on Thursday after it received a letter of award from Rail Vikas Nigam worth Rs 443 crore.

Mindtree Q4: Profit grew 3.8 per cent to Rs 198.4 crore, revenue rose 2.9 per cent to Rs 1,839.4 crore. The company has declared an interim dividend of 30 per cent (Rs 3 per equity share of the face value of Rs 10 each.

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