jio financial services shares: Jio Financial Services shares drop over 7% on denying Paytm wallet acquisition talks

Jio Financial shares ended 14% higher on BSE on Monday following a media report stating that Jio has been in talks to buy the Paytm wallet business since November. Citing sources, the report had said as part of a larger bailout plan, Jio may offer to acquire Paytm Payments Bank.

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