Jio Financial Services: Shares of Jio Financial Services (JFS) fell on Wednesday as the stock will be excluded from Nifty and other NSE indices, on September 7 (Thursday). Watch this Visual Story to know more.
"Additionally, should JFSL not hit the lower circuit limit on either of the next 2 days, but hits the lower circuit limit on the 3rd day, the removal of JFSL from all the S&P BSE Indices will be postponed," BSE Indices said.
Since JFS hit circuit on first two days, the stock s exclusion from Nifty and Sensex was postponed. Instead of August 24, it is now set to be removed effective August 29
Stock exchanges on Tuesday delayed the removal of Jio Financial's stock from benchmark indexes till August 28, as the company's shares hit the lower circuit for two consecutive days.