Jio Financial Services shares in focus on forming JV with Allianz for general and life insurance: Details
Mumbai: Shares of Jio Financial Services will be in focus today, April 23, 2026, as the company, in an exchange filing after market hours, said that it has formed a joint venture with Germany's Allianz Group for general insurance and health insurance. The development comes a month after they formed a joint venture to carry on the business of reinsurance in India. The stock had managed to end the session in green despite benchmark indices falling nearly 1 per cent amid heavy selling in IT stocks and an uptick in crude oil prices. The counter closed at Rs 238.40, with…