Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business

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.

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