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On both BSE and NSE, the stock with the symbol of JIOFIN will trade in the T Group segment for the first 10 days. The upper and lower circuit limit would be restricted to 5% which will restrict any major movement in the debutant.
The shares by the JFSL made an intraday high of Rs 278.20 on the BSE and Rs 262.05 on NSE soon after the listing.
In volume terms, 35.51 lakh shares of the company were traded on the BSE and over 7.47 crore shares on the NSE. Jio Financial Services Ltd (JFSL) demerged from Reliance last month. In a special price discovery session held on the record date last month, the stock's pre-listing price came out to be Rs 261.85. Jio Financial Services Shares Fall Nearly 5% in Debut Trade.
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the shares rising marginally on BSE. At the BSE, it began the trade at Rs 265, up 1.20 per cent, against Rs 261.85, the price fixed at a special price discovery
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85,