New Delhi, June 30 -- Jio Financial share price rose in trade on Monday, June 30, taking its winning run to the fifth straight session. During this period, the Mukesh Ambani-owned stock has recorded a 13% upside. The gains follow back-to-back approvals for its various businesses, allowing Jio Financial to offer a holistic investment solutions platform.

Last Friday, Jio BlackRock Broking, a wholly-owned subsidiary of Jio BlackRock Investment Advisers, received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm.

The broking entity's parent company, JioBlackRock Investment Advisers, is a 50:50 joint venture between Jio Financial Services and BlackRock Inc. of the US.

The l...