Jio Financial Services to be Omitted from Sensex, BSE Indices

  • Jio Financial Services Ltd (JFS) shares will be eliminated from Sensex and all other S&P BSE indices from Friday, unless they hit a lower circuit on Thursday.
  • Approximately 60 million shares expected to be sold by Sensex passive funds.
  • JFS plans to consolidate its payments infrastructure, provide insurance services, and expand into blockchain-based platforms and CBDC within regulatory norms.
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