The stock of Jet Airways has been in the limelight this week. On Monday, it jumped 7 per cent on speculation. But, this rally was short-lived; it then tumbled taking with it the initial gains. On Wednesday, the stock plunged almost 8 per cent accompanied by average volume to close at ₹271, once again on speculation. In the coming sessions, the stock could remain volatile. Traders with low risk appetite should avoid trading the stock until the speculation settles down.
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