Jet Airways is the top gainer on the BSE currently, up almost 11% at Rs.372.50, with an intra day high at Rs.402. Volumes are up almost 4 times at 14 lakh shares.

The stock has zoomed up the moment it opened on hopes getting rekindled that FIPB will take up Jet’s case for consideration along with SEBI’s viewpoint. FIPB had raised some queries regarding the deal and Jet had replied back to the FIPB with all details. There is hope that these answers will be good enough for the FIPB to now give the nod to the much delayed Etihad deal.