Stock to buy, March 8 -- Jio Financial share price hit a new 52-week low of Rs.198.65 apiece on the NSE in a recent stock market crash. However, the announcement of raising a stake in Jio Payments Bank and buying a stake in SBI (State Bank of India) triggered fresh buying in the Reliance Group stock at the lowest levels. On Friday last week, Jio Financial share price ended at Rs.221.90 apiece on the NSE, registering nearly 12 per cent from its 52-week low. However, stock market experts believe that Jio Financial shares still have steam left, which may go up to Rs.260 apiece in the short term.

Speaking on Jio Financial's share price rebound, Avinash Gorakshkar, Head of Research at Profitmart Securities, said, "In the recent stock market c...