Jio Financial Services shares continue to slip, locked in 5% lower circuit

Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, slipped again on 22 August. The stock was locked in the 5% lower circuit at Rs 236.45 on the NSE in the opening deals. The scrip had made a listless debut on 21 August, listing at Rs 262 on the NSE and Rs 265 on the BSE against its discovered price of Rs 261.85.