Stock to buy, Dec. 25 -- Jio Financial Services (JFL), which was carved out of Reliance Industries in 2023, has been named "Christmas Pick 2025" by Sumeet Bagadia of Choice Broking. The brokerage is banking on a technical turnaround for the financial services major even as the NBFC stock has largely stayed range-bound over the past year.

On Wednesday, shares of Jio Financial Services ended marginally higher, rising 0.05% to close at Rs.298.85 on the BSE, compared with its previous close of Rs.298.70. The stock has remained subdued for most of the year and is down nearly 2% in 2025 so far.

The scrip has lost 0.6% in the past six month and 2.5% in three months. The stock is currently 12% way from its peak of Rs.338.45, hit in August 2025....