Jio Financial Services: JFS shares hit its lower circuit limits for the second straight session on Tuesday. Its shares were locked at 5 per cent lower circuit limit of Rs 239.20 on BSE.
Reliance Industries Jio Financial Services demerger: In a special pre-open call auction session held on July 20 (Thursday), the Jio Financial Services (JFSL) shares was valued at Rs 261.85 per share, as per National Stock Exchange (NSE). The market-cap for Jio Financial Services stands at Rs 1.66 lakh crore based on the share price., Markets News, Times Now
India Business News: A share price for Reliance Strategic Investments, which will be renamed Jio Financial Services (JFS), will be determined by calculating the difference
India Business News: JFS stock will be included in major indexes, including India's benchmark Nifty 50, but will not trade until it is listed. The listing date is expected
Markets are expecting NIO’s performance to improve significantly in the second half of 2022 as the environment improves, but the stock has continued to collapse this year.