Jio Financial Services Stock Surges 5% Following SEBI Approval—Key Insights for Investors

Posted in

June 27, 2025

Jio Financial Services Stock Surges 5% Following SEBI Approval—Key Insights for Investors

Jio BlackRock Broking has secured approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm in India. As a wholly-owned subsidiary of Jio BlackRock Investment Advisers, the firm aims to enhance access for Indian investors through affordable and technology-driven execution services. The parent company is a joint venture between Jio Financial Services Limited and BlackRock Inc. Following the announcement, Jio Financial Services saw a nearly 5% increase in share prices, reaching an intraday high of Rs 326.55. Executives emphasized that the new brokerage will facilitate personalized advice for retail investors while expanding their digital investment solutions.

Original source:

https://www.republicworld.com/business/jio-financial-services-share-price-mukesh-ambani-led-nbfc-stock-climbs-5-on-sebi-green-light-what-investors-should-know

Jio Financial Services Stock Surges 5% Following SEBI Approval—Key Insights for Investors

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