Investors welcomed the week with optimism as economic indicators and global cues favoured a bullish start to the trading day, ahead of Jio Financial Services’ listing on stock exchanges.
Jio Financial Services Limited (JFS) and BlackRock [NYSE: BLK] today announced an agreement to form Jio BlackRock, a 50:50 joint venture that combines the respective strengths and trusted brands of BlackRock and JFS to deliver tech-enabled access to affordable, innovative investment solution
In the email sent recently, Macquarie's analyst Suresh Ganapathy said, "Never thought our JIO report will attract so much widespread attention...Our attempt was to highlight how JIO in financial services space could be a formidable player but somehow the message was interpreted in a differen