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VERIFIEDET Markets·positive
Reliance Industries shares gain 3% as JIO IPO inches closer; Jefferies increases weight in conglomerate
AI Summary
- ·Reliance Industries shares increased by 3% as the Jio IPO approaches.
- ·Jio Platforms' IPO is scheduled to launch on October 21 with a valuation of Rs 11 lakh crore.
- ·Jefferies has increased its weight on Reliance Industries due to attractive valuations.