Reliance Industries shares rise about 2% as Jio IPO is fully subscribed within 100 minutes
Shares of Reliance Industries climbed as much as 1.96 per cent to Rs 1,225.60 on the National Stock Exchange. Intraday, the stock reached a high of Rs 1,234.30, up 2.68 per cent. The rally came as Jio Platforms' Rs 30,213-crore IPO was reported fully subscribed in roughly 100 minutes. The issue is priced between Rs 1,065 and Rs 1,119 per share.
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