Jio Financial share price: The stock rose 2.93 per cent to hit a day high of Rs 364.15. At this price, it was 2.76 per cent away from its all-time high value of Rs 374.50, a level seen last month on March 12.
Shares of Mukesh Ambani s Jio Financial Services rallied 14.5% to a fresh peak of Rs 347, crossing the Rs 2 lakh crore market cap mark. Jio may acquire Paytm wallet business. Jio Payments Bank operates with digital savings accounts, bill payments, and debit cards. Jio launched Jio Voice box, implemented QR codes, and conducted sandbox for loans.
JFS shares plunged 7.21 per cent to hit a low of Rs 268.20, before recovering some of the lost ground. The stock was still down 3.77 per cent at Rs 278.15 in the first 15 minutes into trading.