EconomyAmbani’s Jio shares rise 21% in India’s biggest IPO

The telecoms business raised $3.2bn at a $108bn valuation in India’s largest IPO, with its shares climbing 21. The listing offered relief to a stock market battered by the war in Iran.

JioIPOIndian stock market

FFinancial Times★★★☆☆2026-10-28 04:42Original