India Business News: Jio Financial Services, a subsidiary of Reliance Industries, is making its debut on stock exchanges, targeting a large and growing market as well as b
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade.
On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, the price fixed at a special price discovery session held last month.
However, the stock later fell by 3.85 per cent to hit Rs 251.75 its lower circuit limit against Rs 261.85.