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Jio Financial Share Price Jumps Almost 5% After Sebi Approves Jio Blackrock Broking as a Stockbroker

  • Jio Financial's share price rose over 4% following the approval from the Securities and Exchange Board of India for Jio BlackRock Broking to function as a stockbroker.
  • Jio BlackRock Broking is set to launch operations in India's stock broking and clearing segment following this regulatory approval, reflecting its aim for a full-service financial platform in India.
  • The stock of Jio Financial has gained more than 10% over the last four trading days, climbing to ₹325.70 on the NSE.
  • This approval is part of Jio Financial's plans to expand into various financial services, having previously invested ₹117 crore in mutual funds.
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InvestingCube broke the news in on Thursday, June 26, 2025.
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