
Jet Airways shares at 52-week high on stake sale reports
Shares of Jet Airways on Monday soared by over 18% to touch a one-year high level amid reports of talks between the airline and United Arab Emirates' Etihad Airways for stake sale.
Buoyed by the market buzz, shares of the company opened higher and further gained 18.39% to Rs 598.80 – its highest level in a year – on the BSE.
At NSE, the stock zoomed up by 14.26% to a 52-week high of Rs 577.70.
Market experts said the uptick in the counter is largely on the back of the stake sale report regarding the airlines.
On the volume front, over 22 lakh shares of the company changed hands on the BSE, while more than 69 lakh shares were traded on the NSE.
Rise in the stock was in a sharp contrast with a sluggish stock market where the BSE benchmark Sensex was trading at 18,534.71, up 28.14 points at 1225 hrs.

In Surat, Delhi CM Kejriwal hails AAP’s poll performance

23 Cong letter writers plan drive to ‘save idea of India’

India rejects United Nations panel report on Christian Michel

Can’t ignore complaints of sexual harassment: Supreme Court

Harming reputation ground for divorce, says Supreme Court

India out of recession as GDP expands 0.4% in Q3

‘Peace on LAC must to mend ties’: Jaishankar tells Chinese counterpart

Business of liquor needs a major detox

Sops galore hours before poll schedule out

Crucial election cycle in 5 states to start on March 27

Five charts that explain the upcoming elections

IAF adds muscle to firepower in 2 yrs since Balakot

When Pakistan failed to get support during Kargil

‘Did not break any law’: Nodeep Kaur after HC grants bail
