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There is good news for Jio Financial Services, a unit of Reliance Industries. Jio Financial has got a big relief amid continuous lower circuit. The Bombay Stock Exchange (BSE) on Friday deferred the delisting of Jio Financial shares from the Sensex and other indices for three more days. The company’s shares were listed on the exchange on August 21.
Now the shares of the company will be out before September 1
Shares of Jio Financial Services Limited (JFSL) will now be delisted from all S&P BSE indices ahead of the start of trading on September 1. The BSE index said in a circular, ‘As the company’s shares touched the lower circuit limit for 2 consecutive days on August 24 and August 25, the company’s shares will be removed from the S&P BSE index for another 3 days. has been postponed. JFSL shares will now be removed from all BSE indices before the resumption of trading on Friday, September 1, 2023.
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Shares of Jio Financial rose
Shares of Jio Financial Services touched the lower circuit for the fifth straight day on Friday. Shares of the company with a lower circuit of 5% in early trade BSE 205.15 in Rs. However, recovery was seen in the shares of the company after this. Shares of Jio Financial are currently up 4% at Rs. is at 225. Shares of Jio Financial traded on BSE at Rs. 265 was listed. A report of the Economic Times has stated that NSE An index may also avoid removing company shares. Nuwama has said that the total selling of both indices is around 150-160 million shares.
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