{"id":279270,"date":"2019-06-21T06:04:09","date_gmt":"2019-06-21T06:04:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279270"},"modified":"2019-06-21T06:04:09","modified_gmt":"2019-06-21T06:04:09","slug":"jet-airways-stock-soars-133-nclt-admits-insolvency-plea","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-stock-soars-133-nclt-admits-insolvency-plea\/","title":{"rendered":"Jet Airways stock soars 133%, NCLT admits insolvency plea"},"content":{"rendered":"<p>Shares of Jet Airways (India) Ltd surged 133% on Thursday, their sharpest intra-day gain ever, before finally closing 93.35% up at \u20b964 a share. The abnormal price movement, on a day Jet was admitted for bankruptcy proceedings, prompted stock exchanges to seek clarification from the grounded airline.<\/p>\n<p>While a response from Jet is awaited, analysts attributed the surge to short covering by investors in the derivatives segment.<\/p>\n<p>\u201cThe stock has gained due to huge short covering today,&#8221; said Chandan Taparia, derivative and technical analyst at Motilal Oswal Securities Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Jet Airways (India) Ltd surged 133% on Thursday, their sharpest intra-day gain ever, before finally closing 93.35% up at \u20b964 a share. The abnormal price movement, on a day Jet was admitted for bankruptcy proceedings, prompted stock exchanges to seek clarification from the grounded airline. While a response from Jet is awaited, analysts attributed the surge to short covering by investors in the derivatives segment. \u201cThe stock has gained due to huge short covering today,&#8221; said Chandan Taparia, derivative and technical analyst at Motilal Oswal Securities Ltd.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-279270","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279270","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=279270"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279270\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}