Stock gains momentum amid stable financial sector outlook; Vodafone Idea, Bandhan Bank also notch early gains.
July-1, 2025: Jio Financial Services Ltd (NSE: JIOFIN) traded higher on Monday, July 1, reaching ₹329.30 in early morning trade. The stock rose 0.78%, up ₹2.55 from its previous close of ₹326.75, as market sentiment around financial and digital service players remained upbeat.
Intraday trading showed a steady rise from ₹326.50 to ₹329.30, indicating growing investor confidence in the NBFC arm of Reliance Group. The positive movement comes amid speculation around upcoming product offerings and strategic partnerships in the fintech space.
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In the same session, other key stocks in focus included Indian Railway Finance Corporation (IRFC), up 0.34% at ₹142.20, and Bandhan Bank Ltd, gaining 0.65% at ₹188.40. Vodafone Idea Ltd surged 2.02% to ₹7.58, while Tata Technologies Ltd traded at ₹712.70, up 0.24%.
With increasing digitization of financial services and retail participation, Jio Financial continues to be closely watched for its next phase of growth, especially given its parent company’s ambitious foray into payments, lending, and insurance.
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