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Jet Airways tanks 23% after BSE, NSE put trading restrictions w.e.f June 28

Trading of the stock in the futures and options (F&O) segment of the exchanges will be also removed.

Jet Airways
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Jet Airways

SI Reporter Mumbai
Shares of Jet Airways (India) slipped 23 per cent to Rs 84.8 apiece intra-day on Thursday to hit a fresh lifetime low on the BSE and National Stock Exchange (NSE). The fall comes on the back of the exchanges' decision to switch deals on the stock to ‘trade-to-trade’ segment with effect from June 28, 2019 till further notice. Under this category, delivery of shares is compulsory.

Trading of the stock in the futures and options (F&O) segment of the exchanges will be also removed.

"In compliance with the provisions of market regulator, Securities Exchange Board of India (SEBI), the airline's

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