Tag: Lower circuit

NEW DELHI: Contrary to market expectations, Jio Financial Services (JSF) experienced a 5 per cent drop in its shares, triggering a lower circuit, on the day of its listing this Monday.The shares were locked in at Rs 251.75 on the BSE, reaching the lower circuit of 5 per cent.Commencing trading at the BSE, the stock opened at Rs 265, marking a 1.20 per cent increase compared to the fixed price of Rs 261.85 determined during a dedicated price discovery session conducted in the last month. On the NSE,...