Reliance Jio Shares Close 26% Higher on Market Debut, Becomes India’s Second-Largest Company
Business/Alive News: Reliance Jio Platforms made a strong debut on the stock market on Wednesday, with its shares closing 26% above the upper end of the initial public offering (IPO) price band. The listing also made Jio Platforms India’s second-largest company by market capitalisation, behind its parent company, Reliance Industries Limited (RIL). Jio Platforms shares […]
Indian Stock Market Falls for Third Straight Day; Sensex Drops 460 Points, Nifty Closes Below 22,690
Business/Alive News: The Indian stock market extended its losing streak for the third consecutive session on Thursday, October 22, 2026, amid volatile trading and weak global cues. The BSE Sensex fell around 460 points to close at 73,249, while the NSE Nifty 50 slipped to 22,687, ending below the 22,690 mark. Both benchmark indices witnessed […]
Jio Platforms IPO: Retail Investor Quota Fully Subscribed, Bids Reach ₹1.20 Lakh Crore
Business/Alive News: Reliance Industries’ digital services arm, Jio Platforms, has attracted strong investor interest in its initial public offering (IPO), with bids reportedly reaching ₹1.20 lakh crore against an issue size of around ₹30,200 crore. The portion reserved for retail investors has been fully subscribed, according to the information provided. The IPO opened on October […]