01-01-1970 12:00 AM | Source: Reuters
Reliance spin-off Jio Financial falls 5% in market debut
Shares of India's Jio Financial Services (JFS) opened at 262 rupees in its trading debut on Monday and fell as much as 5% to 248.90 rupees, compared with the 261.85 rupees price set in a special trading session last month.
JFS was carved out of billionaire Mukesh Ambani-led Reliance Industries, India's most valuable company by market capitalisation, to help the oil-to-retail conglomerate expand in the lucrative financial services sector.
Latest News
Buy Macrotech Developers Ltd For Target Rs.1,295 - M...
Buy Cholamandalam Inv. & Finance Ltd For Target Rs.1...
Buy Bajaj Finance Ltd For Target Rs.8,500 - Motilal...
Sell Petronet LNG Ltd For Target Rs.229 - Yes Securi...
Sell Johnson Controls Hitachi Air Conditioning Ltd F...
Sell Vodafone Idea Ltd For Target Rs.10 - Yes Securi...
Global Liquidity Tracker : Global flows stabilise af...
Weekly Market Analysis : Markets rebounded after two...
Weekly Market Wrap from Amol Athawale, VP-Technical ...
RBI issues draft guidelines on digital lending to gi...