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Jio after listing: 5 factors that could drive big returns for long-term investors
Jio Platforms recently debuted on the stock market with a strong initial premium over its IPO price. The company is well-positioned for growth due to its largest subscriber base and potential market expansion. Increased revenue can also result from higher average revenue per user and upcoming tariff hikes. Additionally, Jio's ventures into home broadband, AI, and cloud services present new revenue opportunities.
Jio Platforms shares get 3 Buy calls on Day 1 as Nomura, Motilal and Elara initiate coverage. Check target price
Jio Platforms debuted at a 21.36% premium to its IPO price on Wednesday, while Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings. Brokerages cited telecom leadership, tariff hikes, rising ARPU, digital services and improving cash flow as key growth drivers.
India, Mexico begin talks for trade pact; aim to boost commerce, investments
India and Mexico have initiated negotiations for a preferential trade agreement to enhance bilateral trade and investment. The agreement aims to create new economic opportunities while addressing market access, customs procedures, and trade facilitation. Discussions included organising a Mexican business mission to India in early 2027 to improve commercial ties. India had a trade surplus with Mexico, largely due to exports in autos and pharmaceuticals.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Jio Platforms shares list at 21% premium over IPO price. Should investors buy, sell or hold the stock?
JIO Platforms (JPL) Share Price: Jio Platforms made a strong stock market debut, listing at a 21.36% premium over its IPO price of Rs 1,119. The Rs 30,200 crore issue attracted over 1.38 crore applications and was subscribed 22.2 times. Nomura, Motilal Oswal and Elara Capital have initiated coverage with Buy ratings.
Ambani bluechip bet gets bigger: Investors mark 82% of traded Jio shares for holding beyond listing
Jio Platforms saw nearly 82% of its traded volume marked for delivery on debut, with 10.66 crore shares carried into settlement out of 13.02 crore shares traded. The stock listed at a 21.36% premium to its IPO price, while Nomura, Motilal Oswal and Elara Securities initiated coverage with Buy ratings.
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Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers, data traffic and home broadband, adding that its listing could support steady tariff hikes and drive monetisation.
Jio’s big-bang listing may give it stock market’s No.2 crown after Reliance Industries
Jio Platforms could overtake Bharti Airtel to become India’s second-largest listed company after its October 28 debut, with a 22% grey market premium implying a market capitalisation of Rs 12.5 lakh crore. Its Rs 30,213-crore IPO drew 22.2 times subscription, while brokerages highlighted growth opportunities in broadband, enterprise technology and AI.
US Fed opens two-day meeting with markets expecting rate hold
Policymakers at the US Federal Reserve opened a two-day meeting Tuesday to set interest rates, with markets expecting them to hold steady days ahead of crucial midterm elections. On Tuesday, markets put the probability of rates being held steady at near 90 percent, as per CME's FedWatch tool. aha/mjf
Jefferies says Vodafone Idea shares can soar 143% in bull case scenario. 3 reasons why brokerage is upbeat
Jefferies sees a wide risk-reward range for Vodafone Idea, forecasting up to 143% upside in its bull case and 25% downside in its bear case. Network expansion, improving subscriber trends and tariff hikes could support strong revenue and EBITDA growth.
Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium
Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional demand. Investors will watch the listing amid Jio’s growth ambitions and financial performance.
The war bump is a false victory for S&P 500 profits
The commentary argues that strong S&P 500 earnings growth is narrowly concentrated in AI-linked companies and sectors benefiting from the Iran war, including energy, defence and materials. It warns that higher fuel prices, inflation and borrowing costs could weaken consumer demand, while heavy dependence on the AI boom leaves the market vulnerable if investment returns disappoint.
Silver prices are tarnished but not forgotten. Why HSBC thinks gains in white metal may be limited?
Silver prices have plunged nearly 60% from their January record high, but HSBC expects limited gains ahead. The bank sees prices consolidating and edging higher in 2027, supported by gold, while rising mine output, recycling supply, weaker industrial demand, a firm US dollar and elevated yields could cap rallies.
Jio IPO allotment likely today: GMP signals 22% listing gains. Here’s how to check status
The IPO allotment is expected to be finalised today, allowing applicants to check whether they have been allotted shares through the registrar’s website and other online platforms. Jio Platforms shares are scheduled to list on the BSE and NSE on October 28, 2026.
Fed expected to pause rate hikes ahead of US midterms
The US Federal Reserve's upcoming meeting is expected to result in steady interest rates. High inflation continues to challenge economic policies, with rates anticipated to rise later this year. The Federal Open Market Committee will analyze data amidst political considerations ahead of the midterm elections. Analysts believe that while inflation remains a concern, a cautious approach will likely be taken.
Charting the global economy: Euro area business activity cools
The euro area’s private sector slowed more than expected in October, weighed down by France as the region’s No. 2 economy grapples with fiscal and political tensions.
Fed expected to hold rates steady days ahead of US midterms
The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation and with markets pricing in at least one rate hike before year-end. The Fed has missed its long-term two-percent target for inflation for more than five years, and at its last meeting in September the FOMC voted to raise the key federal funds rate for the first time in three years, lifting the target range to 3.75 percent to 4.0 percent.
Jio IPO ends with over 22X oversubscription; QIB portion booked 70 times. Check GMP, other details
Jio Platforms’ Rs 30,213 crore IPO closed with 22.19 times subscription, attracting bids for 428 crore shares. Qualified institutional buyers led demand, subscribing their portion 70 times, while retail investors booked 2.72 times. The IPO’s grey market premium stood at around 21%, ahead of its scheduled October 28 listing.
US business activity cools in October; strong demand fueling price pressures
US business activity experienced a slight slowdown in October, though strong demand allowed price increases. The S&P Global Composite PMI Output Index indicated sustained economic expansion, even amid challenges. New orders received by businesses rose slightly, with the services sector seeing growth. Although price pressures persisted, employment in manufacturing increased significantly, highlighting capacity expansion. Economists anticipate further inflation concerns due to ongoing supply chain issues and geopolitical tensions.
Jio IPO closes today: Will it deliver a double-digit listing gain or become a long-term compounder?
Jio Platforms will wrap up its IPO bidding today, setting a new benchmark as India's largest public offering to date. With an overwhelming interest from investors, substantial gains are forecasted when the shares list. Analysts from various brokerages endorse participation, highlighting Jio's robust leadership in the digital market, with growth prospects that cover cloud services and enterprise solutions beyond telecommunications.
From $6 Diesel to Immigration Raids: What Michigan and Kansas Senate candidates told voters before Election Day
Candidates in Michigan and Kansas addressed pressing issues such as rising fuel costs and immigration enforcement. As the midterm elections approach, these topics influence voters' concerns about household finances and national security. Economic arguments varied between the two states, reflecting local priorities and the candidates' positions. The outcome of these Senate races may affect control of the Senate and federal policy directions.
US weekly jobless claims near 57-year lows
Economists say rising profits amid strong domestic demand were shielding workers from layoffs. There are, however, worries that tightening financial conditions and higher interest rates as the US-Israeli war with Iran fuels inflation could undercut the labor market next year.
RIL stock: Jio's listing could unlock value, but will it drive a re-rating?
The anticipated IPO of Jio Platforms is likely to reshape valuation assessments for both Reliance Industries and Bharti Airtel. With Jio's market debut, Reliance may witness a decrease in its holding-company discount. Meanwhile, Airtel stands to gain from rising telecom tariffs, boosting average revenue per user and overall profitability. The enthusiasm from investors towards Jio's IPO highlights strong market confidence in the sector's trajectory.
Jio IPO opens with 22% GMP: Check brokerage views, allotment chances and other details
The Rs 30,213 crore IPO, priced between Rs 1,065 and Rs 1,119 per share, will remain open until October 23. At the upper end of the price band, Jio Platforms is seeking a valuation of Rs 10.3 lakh crore, making it one of India's most valuable companies.
Jio IPO vs Airtel shares: Which telecom giant offers greater valuation comfort to investors?
The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become India’s largest-ever initial public offering (IPO), surpassing Hyundai Motor India’s record set in 2024.
Rupee ends flat as stock slump, importer hedging erodes bounce
The Indian rupee held steady even as it initially surged, influenced by rising dollar demand from importers. However, the local stock markets, particularly the Nifty 50, suffered a decline of more than 1% due to underwhelming results in the technology and financial sectors. Meanwhile, Brent crude oil prices dipped about 2% after the US administration's sanction waivers.
India bonds rise after flat open as sharp drop in US yields spurs value buying
The Indian government bond market saw a positive turnaround as US Treasury yields declined, prompting significant value purchases. The benchmark 6.94% bond maturing in 2036 observed a yield of 7.3551% in morning trading. Concurrently, oil prices dipped, fueled by expectations of improved supply following lifted sanctions on Russia. With India's consumer inflation rising to 5.54%, the Reserve Bank of India may respond with tighter financial conditions amidst ongoing capital outflows.
What Akash Ambani said on Jio tariff hikes ahead of record IPO launch
Akash Ambani said Jio can raise mobile tariffs but prefers growing revenue through digital services, broadband and enterprise solutions. Ahead of its Rs 30,213 crore IPO, Jio aims to expand margins and connect 100 million homes.
US labour market remains stuck in low-hire, low-fire state as inflation intensifies: Fed
The Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tariff, and insurance costs hitting businesses. With September consumer inflation rising 3.7%, expectations are growing for another potential interest rate hike at the Fed's upcoming October meeting.
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