Bengaluru, June 27 -- The shares of this leading financial services with its tie-up with BlackRock, announced that its JV has received the Securities & Exchange Board of India's (SEBI) approval to act as a stockbroker. In this article, we will discuss more about this in detail.

With a market capitalisation of Rs 2,05,529 crores, the shares of Jio Financial Services Ltd are currently trading at Rs 324 per share, down by 10 percent from its 52-week high of Rs 363 per share. In the last one year, the stock has delivered a negative return of 8.33 percent.

On Friday, the company, through a stock exchange filing, announced that Jio BlackRock Broking Pvt Ltd, which is a wholly owned subsidiary of Jio BlackRock Investment Advisors, has received...