New Delhi, March 6 -- Jio Financial Services share price gained over 2% on Thursday, extending its rally for the third consecutive session amid heavy buying momentum. Jio Financial share price rose as much as 2.4% to Rs.222.35 apiece on the BSE.

On March 6, approximately 1 crore equity shares of Jio Financial Services were traded across Indian stock exchanges, compared to a trading volume of 4 crore shares in the previous session.

Jio Financial stock price has rallied over 10% in the past three session.

The gains in Jio Financial shares came after the company announced plans to acquire the remaining shares of Jio Payments Bank from State Bank of India (SBI).

Jio Financial Services holds a 82.17% stake in Jio Payments Bank. The company...