Jio shares surge 21% on IPO debut in India
Jio surged 21% on its first trading day after India’s largest-ever IPO.
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India's NSE IPO draws over $10 billion demand ahead of listing
The National Stock Exchange of India's IPO drew bids worth more than $10 billion by its final day, oversubscribing by 5.7 times the shares on offer. Institutional buyers led the demand, bidding for 12.68 times their reserved portion.