Jio Financial Services Capital Raise: ₹15,825 Crore Promoter Boost Sparks Stock Surge
In a market filled with uncertainty, Jio Financial Services (JFSL) just made a bold move. While most Nifty 50 stocks were struggling to stay afloat, Jio Financial shot up over 3% at the opening bell. Why the surge? Because the board just approved a massive Jio Financial Services capital raise worth ₹15,825 crore—and it’s not…