The figure surpasses the previous daily high of 104 deaths reported last Friday. A total of 7,943 people have died of the virus in Delhi.
The city also reported 7,486 new cases in the past 24 hours, bringing its total caseload to 503,084.
The Delhi government has reintroduced restrictions on social gatherings. The number of people allowed at weddings is now limited to 50.
Delhi Chief Minister Arvind Kejriwal said Tuesday that Covid-19 cases rose in the city because people weren't practising social distancing or wearing masks in markets, warning that the government will be forced to shut down certain areas and treat them as hotspots.
National numbers: Across India, 45,576 new coronavirus cases and 585 additional deaths were reported on Thursday, according to the Ministry of Health and Family Welfare. The total number of cases in India stands at more than 8.9 million, among which 443,303 are considered active.