TechTechCrunch1h ago

Jio shares surge 21% in market debut

Jio shares surge 21% in market debut after blockbuster India IPO

Jio shares surge 21% in market debut

TL;DRJio's IPO stock jumped 21% on day one, making it India's second-biggest listed company.

Why it matters: Signals massive investor confidence in India's telecom sector and Reliance's ability to monetize digital assets.

Jio has debuted as India's second-most valuable listed company, behind its parent, Reliance Industries.

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