Jio IPO Sees Overwhelming Demand on Day One Even as Nifty Struggles
The enthusiasm for Jioโs IPO stands in sharp contrast to the Reliance groupโs recent stock-market performance.
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The enthusiasm for Jioโs IPO stands in sharp contrast to the Reliance groupโs recent stock-market performance.
Nifty jumps as traders seize on a rather noncommittal remark by Sitharaman about the securities transaction tax.
The banking gauge is trading at a price-to-book multiple of 1.55, its lowest since 2020.
Historical performance, technical indicators point to a potential rebound.