Jio Financial Extends Rally, Gains 11% in 3 Days After 52-Week Low

• Jio Financial shares rose 2.4% to ₹222.35, continuing their 10.6% rebound from a 52-week low of ₹198.60.
• Potential Nifty 50 inclusion could bring $404 million in institutional inflows, according to JM Financial.
• Investor sentiment improved after the company acquired SBI’s 17.8% stake in Jio Payments Bank for ₹104.5 crore.
• Despite recent gains, the stock remains 44% below its 52-week high, with technical indicators still showing weakness.