MUMBAI – Shares of Jio Financial Services Ltd (NSE: JIOFIN) ended Wednesday’s trading session with notable gains on the National Stock Exchange (NSE), propelled by a significant surge in the final hours of trading. The stock closed at ₹246.20 on April 17th, marking an increase of ₹3.92 or 1.62% for the day.
The positive closing came after a session that saw the stock recover from early lows. According to the intraday chart data available around 3:59 PM IST, Jio Financial shares dipped below the ₹239 mark in the morning session. However, the stock steadily recovered lost ground throughout the late morning and early afternoon, consistently trading above its previous close of ₹242.28.
The real momentum kicked in after 2:00 PM, with the share price experiencing a sharp upward spike. It climbed significantly, reaching levels close to ₹248 intraday before seeing a slight pullback into the market close.
Despite not holding onto its absolute peak, the final settlement at ₹246.20 represents a strong finish for the day, well above the previous closing level and showcasing significant buying interest, particularly in the latter half of the session. Market participants are keenly observing the performance of this relatively new financial entity.
