Page 7 - Jio Financial Services

Jio Financial lists at Rs 265, becomes 33rd most-valued co; should you buy?

At 10:21 AM, JFS was locked at the 5 per cent lower circuit when compared with the special discovery price of Rs 261.85. The stock was locked at Rs 251.75 on the BSE and Rs 248.90 on the NSE

Top headlines: Jio Financial shares to debut, big techs seek relaxation

Business Standard brings you the top headlines at this hour

Shares of Ambani's $20 bn Jio Financial Services set to debut in Mumbai

Jio Financial, which as yet boasts of little revenue but owns a 6.1% stake in Reliance, has already announced a partnership with BlackRock Inc. to set up an Indian asset management venture

Stocks to Watch: Jio Financial, Titan, Gujarat Gas, Tanla Platforms, KEC

Stocks to Watch on August 21, 2023: Jio Financial Services will be listed on the exchanges today. Experts believe the stock could top the Rs 300-mark on listing

Trends, trading activity of foreign investors to guide markets: Analysts

With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. The market will react to some key global events such as the US existing home sales, initial jobless claims, and Eurozone S&P global composite PMI, Arvinder Singh Nanda, Senior Vice President at Master Capital Services Ltd, said. "With Fed Chair Jerome Powell's speech and more macro data lined up globally this week, we expect domestic as well as global markets to remain under pressure. Also, RBI would release its meeting minutes on Thursday. "However, action is likely to .

Jio Financial Services to list on Monday; MFs to sell 145 million shares

Listing could see Rs 3,800 crore worth of selling by passive MFs

RIL rebounds 3% from day's low ahead of Jio Financial listing on August 21

Shares of Reliance Industries touched an intra-day high of Rs 2,576, bouncing back nearly 3 per cent from its intra-day low of Rs 2,508.50 on the BSE

Can Jio disrupt the mutual fund business?

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader

Can the Jio-BlackRock joint venture stir the AMC pot? What analysts say

Growth expectations of incumbent AMC players may get trimmed in the medium-to-long term, analysts said, once the Jio-BlackRock JV unveils its plans

BlackRock to enter India's asset management sector with Jio Financial JV

Move marks re-entry of world's largest asset manager in domestic market

BlackRock to enter India's asset management sector with Jio Financial JV

JFS and BlackRock are targeting initial investment of $150 million each in the joint venture

TMS Ep483: Jio Financial Services, Indian surveys data, markets, IMAX

Is Jio Financial another Reliance disruptor? Do India's govt surveys need a revamp? Time to sell after the sharp run since March? What is IMAX? All answers here

Top headlines: Jio Financial India's most valued NBFC, turmeric prices soar

Business Standard brings you the top headlines at this hour

Jio Financial Services: India's biggest demerger in the value terms

According to Reliance Strategic Investments annual report for FY22, it had other long-term investments worth around Rs 181 crore

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

RIL's shares last closed at Rs 2,623, making it the country's most-valued firm at Rs 17.74 trillion

RIL gains 2% as it trades ex-Jio Financial; JFS valued at Rs 262 on NSE

Jio Financial Services was valued at Rs 251 on the BSE and Rs 262 on the NSE, as the price of RIL (ex-JFS) settled at Rs 2,589 and Rs 2,580, respectively, on both the exchanges.