Jio Financial Services will remain part of the Nifty 50 and other indices at a constant price till such time it officially gets listed on the exchanges. Once the date for listing of shares is announced, the dummy symbol created will be replaced with an actual symbol, and JFS will form part of the index for a “temporary” period. Jio Financial will be removed from all the indices after the close of trading on the 3rd day of listing at the market determined price.
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