Shares of Jet Airways today surged 8 per cent in early trade after the Rs 2,058 crore-deal under which Abu Dhabi based Etihad will hold 24 per cent stake in the domestic carrier got the approval of FIPB with major riders to maintain effective Indian control over the airline.

Cheering the move that was announced after the market hours yesterday, shares of Jet Airways opened the day on a positive note and as the trade progressed, it further gained 7.95 per cent to Rs 445 on the BSE.

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