Published : 21 August 2023
By : Sachin Gupta
Jio Financial Services made its debut on the stock markets on August 21. JFSL began trading at Rs 262 on the NSE and at Rs 265 on the BSE.
At the time of listing, Jio Financial Services' market value was pegged at Rs 1.66 lakh crore.
Jio Financial Services is ranked 31st on the Sensex and 51st on the Nifty 500. After the close of business on the third day after it is listed, the stock will be taken off of both indices. In essence, the exclusion will take place on August 24.
The stock will continue to be included in the FTSE indices while starting August 23 it will also be included in the MSCI Global Standard Index.