Stock exchanges on Tuesday delayed the removal of Jio Financial's stock from benchmark indexes till August 28, as the company's shares hit the lower circuit for two consecutive days.
The demerger of Jio Financial Services Ltd (JFSL) from Reliance Industries Ltd (RIL) is set to take place on July 20. Wednesday is the last date for shareholders to buy shares of Reliance Industries to participate in the merger. ET NOW spoke to Sushil Choksey of Indus Equity Advisors about whether investors should buy RIL shares ahead of the demerger., Companies News, Times Now