Jio Platforms shares make strong debut, becomes second most valuable Indian company by market cap
Shares of Jio Platforms, the Reliance Industries-backed digital services company, made a strong debut on the stock exchanges, listing with a premium of over 21 per cent on Wednesday against the issue price of Rs 1,119. The stock opened at Rs 1,358, up 21.36 per cent from the issue price on both the BSE and NSE. The company's market valuation stood at Rs 12,50,586.39 crore in early trading. Later, the stock traded at Rs 1,364 on the BSE and Rs 1,364.20 on the NSE. 2nd most valuable Indian firm by market cap Jio Platforms Ltd on Wednesday became the second…