Latest news with #JioFinancialServices
Business Upturn
7 hours ago
- Business
- Business Upturn
Nifty 50 top gainers this week (June 28): Jio Financial Services, Adani Enterprises, Hindalco Industries, Adani Ports and more
By Aman Shukla Published on June 28, 2025, 09:27 IST Indian equity markets closed the week on a strong footing, marking their second consecutive weekly gain. Both the Sensex and the Nifty rose more than 2% each, reflecting upbeat investor sentiment across sectors. One of the key highlights of the week was the Nifty Bank index, which touched a new milestone by closing above the 57,400 mark for the first time ever. Several Nifty 50 stocks posted impressive weekly gains, with Jio Financial Services, Adani Enterprises and Hindalco Industries leading the charge. Let's take a look at the top gainers of Nifty 50 this week, as per Trendlyne data. Top Stock Gainers This Week (Ending June 28, 2025) Jio Financial Services closed at ₹323.5, up 9.9% over the week. Adani Enterprises ended at ₹2,646.3, registering a weekly gain of 8.1%. Hindalco Industries settled at ₹697.4, rising 7.4% during the week. Adani Ports and Special Economic Zone closed at ₹1,440.2, gaining 6.7%. UltraTech Cement ended the week at ₹12,213.0, up 6.6%. Tata Steel closed at ₹161.5 with a 6.2% increase. Grasim Industries finished at ₹2,861.1, up 5.5% for the week. Shriram Finance ended at ₹700.0, gaining 5.0%. Bharti Airtel closed at ₹2,027.1 with a 4.7% weekly rise. Bajaj Finance ended the week at ₹947.0, recording a 4.6% gain. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Adani enterprisesAdani PortsHindalco IndustriesJio Financial ServicesNifty Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
a day ago
- Business
- Business Standard
Jio Financial ends higher after SEBI grants registration certificate to Jio BlackRock Broking
Jio Financial Services advanced 3.57% to Rs 323.55 after the Securities and Exchange Board of India, has granted a certificate of registration dated 25 June 2025 to Jio BlackRock Broking (JBBPL) to act as a stock broker / clearing member. The announcement was made during market hours today. Jio Financial Services (JFSL) is a core investment company (CIC), registered with the Reserve Bank of India. JFSL is a new-age institution, which operates a full-stack financial services business through customer-facing entities, including Jio Finance, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank. The company had reported 1.8% increase in consolidated net profit to Rs 316.11 crore on 18% jump in revenue from operations to Rs 493.24 crore in Q4 FY25 over Q4 FY24.
Business Upturn
a day ago
- Business
- Business Upturn
Nifty 50 top gainers today, June 27: Jio Financial Services, Asian Paints, Apollo Hospitals, IndusInd Bank and more
By Aman Shukla Published on June 27, 2025, 15:39 IST Indian markets wrapped up the June 27 session on a positive note. The Sensex rose by 303 points to end at 84,058.90, while the Nifty advanced 88.80 points to close at 25,637.80. Among the Nifty 50 stocks, several companies recorded significant gains, led by Jio Financial Services, Asian Paints and Apollo Hospitals. Below is a detailed look at the top gainers of the Nifty 50 (as per Trendline) for the day. Nifty 50 Top Gainers on June 27 Jio Financial Services rose by 3.9% to close at ₹324.6. Asian Paints gained 3.2%, ending the day at ₹2362.0. Apollo Hospitals Enterprise increased by 2.9%, closing at ₹7310.0. IndusInd Bank also went up 2.9% and closed at ₹860.3. UltraTech Cement climbed 2.4% to settle at ₹12240.0. Adani Enterprises advanced 2.3%, finishing at ₹2644.8. Power Grid Corporation added 1.9% to close at ₹299.0. Bharat Electronics moved up 1.5%, ending at ₹416.4. Sun Pharmaceutical Industries rose 1.3%, closing at ₹1692.0. ICICI Bank also gained 1.3%, settling at ₹1457.9. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Apollo HospitalsAsian PaintsIndusInd bankJio Financial ServicesNifty Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hans India
a day ago
- Business
- Hans India
Jio BlackRock Gets SEBI Approval to Start Brokerage Business in India
Jio BlackRock Broking Pvt Ltd got approval from SEBI to start working as a brokerage firm in India. Jio BlackRock Investment Advisers owns the company fully. Following the news, Jio Financial Services shares increased by 4% to reach Rs 327.75 on the stock market. The company wants to give Indian investors cheap, clear, and tech-based services to buy and sell stocks. Jio BlackRock Investment Advisers is owned half by Jio Financial Services and half by BlackRock Inc. Recently, Jio BlackRock Asset Management and Jio BlackRock Investment Advisers got permission to start work. Now with the brokerage license, Jio BlackRock can give full investment services to people in India. Marc Pilgrem, the CEO of Jio BlackRock Investment Advisers, said they are happy to get SEBI's approval. This will help India change from a country where people save money to a country where people invest money. They will give personal advice to small investors. Now with brokerage, they will also give a platform for investors who want to trade by themselves.
Time of India
a day ago
- Business
- Time of India
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Synopsis Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI's approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and clearing member. This registration, granted on June 25, 2025, allows JFS to expand its capital market presence, offering broking and clearing services.
