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Jio Financial shares hit lower circuit on listing day; know share price, symbol, valuation, capital gains tax, and more

Jio Financial Services: JFS, the demerged financial business of Reliance Industries, got listed at Rs 262 apiece on NSE, while the price on the BSE stood at Rs 265, marginally higher than their discovered price of Rs 261.85 on July 20. Around 10:30 am, the stock hit 5% lower circuit and was trading at Rs 248.90 on NSE. Watch this Visual Story to know more. ....

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Jio Financial shares list on bourses; what's the tax liability for investors?

While the listing was a booster shot, the stock succumbed to selling, largely by passive index funds, who needed to adjust their portfolio ahead of the exit of Jio Financial from Nifty 50 and Sensex ....

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