Markets rise, but Jio Financial Services shares down, circuit low on listing day

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Stock Market Live at 12:50 PM: The stock market is now more bullish than ever. However, shares of Mukesh Ambani’s company Jio Financial Services hit a low circuit on the day of listing itself. The Sensex is currently up 281 points at 65229 and the Nifty is up 87 points at 19397. Among Nifty’s top gainers are Adani Ports, Bajaj Finance, Adani Enterprises, PowerGrid and Hindalco trading above 2%. Talking about the top losers, Jio Financial Services is the top loser in both Sensex-Nifty with a decline of 5 percent.

Also read: Shares of Adani group companies on flight, these four news behind the boom

9:15 am: The stock market got off to a good start on Monday, the first trading day of the week. Bombay Stock Exchange’s benchmark Sensex opened down 95 points at 64852. While Nifty of National Stock Exchange opened at 19320 with a jump of 10 points. In early trade, Sensex was trading at 65086, up 137 points.

Also read: As the company received orders worth ₹1,007 crore, investors collapsed on the stock

On the other hand, Nifty rose 50 points to 19360. Nifty today includes Adani Ports, Adani Enterprises, PowerGrid, HCL Tech and NTPC. On the other hand, Mahindra & Mahindra, HDFC Life, Eicher Motor, SBI Life and Bajaj Auto were among the top Nifty losers.

All 10 Adani Group stocks rose

If we talk about Adani Group shares, Adani Power is up around 5 percent in early trade, while Adani Enterprises is trading up 1.46 percent. Adani Green gained 3.59 percent. Adani Wilmar jumped over one and a half percent in early trade today. Adani Port rose by 2.07 percent today. Adani Total Gas, NDTV and Adani Energy Solutions were also in the green with gains of 2 to 4 percent. Ambuja Cement and ACC were trading in the green.

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