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  1. What Jio’s IPO Changes For Reliance

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What Jio’s IPO Changes For Reliance

SUMMARY

In this episode of Markets Today — Jio’s ₹30,000 crore+ IPO could value it at ₹10–11 lakh crore, Nifty extends its longest losing streak in 25 years despite strong growth, and Trump plans to buy Russian diesel while threatening India with 100% tariffs.

In this episode of Markets Today — Jio’s ₹30,000 crore+ IPO and what it means for Reliance and Airtel; why Nifty is down 14% despite strong growth; and Trump’s plan to buy Russian diesel while threatening India with tariffs.

Jio’s ₹30,000 Crore+ IPO Valuation could be ₹10-11 lakh crore, passing Hyundai’s ₹27,800 crore IPO. Reliance owns ~66.4% of Jio and may face a holding company discount.

Why Nifty Is Down 14% Nifty has fallen eight weeks in a row, its longest losing streak in 25 years, despite 7%+ growth. Costly crude, US yields above 5% and a weak rupee are key reasons.

Trump’s Russian Diesel Purchase Trump plans to buy about 8 lakh tonnes of Russian diesel while threatening India with 100% tariffs. It is unclear if India will get a waiver.

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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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