Jio Financial will be added in the indices, including Nifty 50, at a price of Rs. 200 per share. It will remain in the indices at this constant price of Rs. 200 until Jio Financial is officially listed as a separate entity. As a result, temporarily, Nifty 50 will have 51 stocks, explains Pravesh Gour, Senior Technical Analyst, Swastika Investmart.Read more:
- Jio Financial demerger: All you need to know about RIL shares, price discovery, why the special session - Mint
- RIL-Jio Financial Services Demerger LIVE: Special pre-open session by NSE, BSE begins - Mint
- Jio Financial Services in Nifty: Should you buy RIL shares today? Impact of JFS inclusion - Business Today
- RIL shares hit fresh 52-week high ahead of Jio financial demerger: What should traders do? - MSN