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