Jio Financial Services shares jump over 2% on likely block deal
Since its addition to key indices on July 20 for a temporary period at a constant price of Rs 261.8, the stock has been on a losing spree and fallen in six out of seven trading sessions, excluding today’s session. While the stock has fallen by over 20%, the market cap of the company has eroded by nearly 25,000 crore from Rs 1.61 lakh crore to Rs 1.36 lakh crore.
