Live Updates on Jio Financial Services Share Price Today – 21 Jan 2025
Jio Financial Services Share Price Today Live Updates: Jio Financial Services experienced a slight increase in its share price on the last trading day, opening at ₹278.4 and closing at ₹279.05. The stock reached a high of ₹279.85 and a low of ₹271.25 during the session, with a market capitalization of ₹175,156.10 crore. Over the past year, the stock has seen a 52-week high of ₹394.7 and a low of ₹237.05, with a trading volume of 1,728,371 shares on BSE.
Today, the stock is currently priced at ₹263.15, reflecting a decrease of 4.59%. The trading volume for Jio Financial Services has surged by 139.57% compared to yesterday, indicating significant market activity. Analyzing both volume and price is crucial for understanding market trends, as a rise in price accompanied by increased volume typically indicates a sustainable upward trend.
Traders may consider rangebound trading strategies based on the hourly price movement, with support levels at ₹263.95, ₹263.25, and ₹262.05, and resistance levels at ₹265.85, ₹267.05, and ₹267.75. The stock’s short-term and long-term trends are currently bearish, as per technical analysis.
In comparison to its peers, Jio Financial Services saw a decline of 2.25% today, with its share price trading at ₹269.6. Companies like Mankind Pharma, Bajaj Housing Finance, and JSW Infrastructure are also experiencing losses, while others are gaining. The benchmark indices Nifty and Sensex have dropped by 0.59% and 1.04%, respectively.
Overall, Jio Financial Services is facing a bearish outlook in the near term, with the stock price showing a strong downtrend. Traders should monitor key support and resistance levels to gauge potential price movements in the coming sessions.
Paul Daugerdas is a financial expert whose articles provide valuable insights and advice for readers looking to improve their financial literacy. His writing is clear, concise, and easy to understand, making complex financial concepts accessible to a wide audience. Daugerdas’ articles are well-researched and offer practical tips for managing money effectively.
