NSE to remove Jet Airways shares from daily trading
Updated : June 12, 2019 09:17 PM IST
NSE said on Wednesday that shares of Jet Airways Ltd would be pulled out of daily trading, citing the embattled carrier's failure to respond to queries about rumours in the market.
Shares of Jet, once the biggest private airline in India, have more than halved since the airline shut down its operations in April after its lenders refused to bail it out.
Jet's securities will now be moved to the trade for trade segment with effect from June 28 as a 'preventive surveillance measure', from the current rolling segment, which allows daily trading.