Jio shares surge 21% in market debut after blockbuster India IPO
Jio's market debut marked a major milestone for the Indian telecom sector, achieving the second-highest valuation among listed Indian companies after its parent, Reliance Industries. The strong opening performance reflects investor confidence in the company's market position.
Key points
- Jio IPO achieved India's second-highest market valuation after Reliance
- Shares surged 21% on market debut, signaling strong investor demand
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