Jio Financial shares soar 15% to hit all-time high

Shares of Jio Financial Services Ltd extended their gains for fifth consecutive session in Friday's trade. The stock surged 14.50 per cent to hit a record high of Rs 347. At this price, it has gained nearly 48 per cent on a year-to-date (YTD) basis.

The scrip today saw heavy trading volume as 98.57 lakh shares were last seen changing hands on BSE.

The figure was higher than the two-week average volume of 25.48 lakh shares.

Turnover on the counter came at Rs 321.74 crore along with a market capitalisation (m-cap) of Rs 2,13,216.22 crore.

Earlier this month, the financial services arm of Reliance Industries Ltd (RIL) clarified that it has not been in any negotiations to acquire Paytm wallet.