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Jio Financial Services: Shares of Jio Financial Services (JFS), the demerged financial services business of Mukesh Ambani-led Reliance Industries Ltd have been excluded from Sensex and other BSE indices. Watch this Visual Story to see what analysts say about Jio Financial s exclusion from Nifty. ....
JFS: No price band hit (upper or lower) on August 31 and September 1 will lead to JFS exclusion on September 4. The stock will come out of trade-to-trade segment from September 4.
The index committee had suggested that should JFSL hit lower circuit on the 3rd day i.e., Thursday, August 31, the removal of JFS from all the S&P BSE Indices will be postponed. ....
JFS: Mukesh Ambani called Jio Financial as the fourth growth engine. He said JFS products will not just compete with industry benchmarks but also explore features such as blockchain-based platforms and CBDC.
Shares of Jio Financial Services hit lows at Rs 205.15 post hitting the lower circuit. However, the stock rebounded about 10 per cent to Rs 224.80 during the session. ....