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Live News EQUITY FLASH M impact

Jio surges 21% in Mumbai debut after $3.2 billion IPO

Jio shares rose 21% in their Mumbai debut after a $3.2 billion IPO, described in the headline as India's largest.

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05:00:26 AM UTC
SquawkNews
Jio Platforms (JIOP.NS) shares soared 21% in their Mumbai debut on Wednesday, giving India's biggest-ever initial public offering a roaring start and Mukesh Ambani's Reliance Industries its first listing in two decades.The listing of the company, whose main business is telecoms, marks the first pub…