Jio Financial shares surged over 5%, becoming Nifty's top day gainer

Jio Financial’s stock jumped over 5% to become the day’s biggest Nifty gainer, buoyed by market optimism and news that Reliance’s Jio Platforms is lining up 17 banks for a potentially record‑size IPO, even as the company’s own Q3 results show mixed profitability.