>> Just like Jio and Retail, JFS will prove an invaluable addition to RIL ecosystem of consumer businesses.

>> I’ve 3 reasons to be confident about JFS's success.

>> One, the digital-first architecture will give it an unmatched head start: Mukesh Ambani

>> Two, RIL has capitalised JFS with net worth of Rs 1,20,000 cr - one of world’s highest capitalised fin service co at inception.

>> Three, JFS is blessed with very strong board, led by Shri KV Kamath, a veteran and most respected banker:

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Topics :MARKET LIVE MARKET WRAP stock market trading Indian markets Markets Sensex Nifty FII flows DIIs Crude Oil Price Rupee vs dollar BSE NSE Reliance Industries AGM Buzzing stocks stocks to watch Jerome Powell Global Markets

First Published: Aug 28 2023 | 7:23 AM IST

Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

Key Events

ALERT :: Mukesh Ambani concludes address to shareholders at the 46th RIL AGM

RIL 46TH AGM LIVE :: Confident of value creation much higher over the next 10 yrs than the past 45 years

RIL 46th AGM LIVE :: What the Ambanis said about Reliance Foundation?

Sectoral Check:: Auto, financial, pharma gain; IT, FMCG slip

Sensex 30 Heatmap:: 15 Gainers v/s 15 Losers

CLOSING BELL:: NSE Nifty50 settles atop 19,300, gains 40 pts

CLOSING BELL:: S&P BSE Sensex snaps 2-day losing run; ends 110 pts higher at 64,997

RIL 46th AGM Live: First compressed bio-gas plant commissioned in Barabanki, UP

RIL 46th AGM Live: To set up a giga-watt scale electrolyser unit for green hydrogen ambitions

RIL 46th AGM Live: Battery Giga Factory to be set up by 2026

Stock Alert:: Reliance slips over 1%

RIL 46th AGM Live: Aim to bring Dhirubhai Ambani solar PV giga-factory on stream by 2025 end

Market Check :: Jio Financial down nearly 4% from day's high

RIL 46th AGM Live: Working to scale up chemical recycling opportunities

RIL 46th AGM LIVE :: JFS will prove an invaluable addition to RIL ecosystem of consumer businesses

RIL 46th AGM Live: Our energy biz partnership with bp continues to progress, says Ambani

RIL 46th AGM Live: Added 13 new grades of crude oil and feedstocks

RIL 46th AGM Live: O2C business Ebitda improved 17.7% YoY in FY23

RIL 46th AGM Live: Jio Financial Board will be led by KV Kamath

RIL 46th AGM Live: Jio Fin to use blockchain based platforms and CBDC

RIL 46th AGM LIVE :: JFS will explore blockchain-based platforms, says Mukesh Ambani

RIL 46th AGM Live: JFS products will adhere to highest security norms

RIL 46th AGM Live: Jio digital ecosystem unparalleled, says BlackRock CEO Larry Fink

RIL 46th AGM LIVE :: RIL, Jio has created unparalleled digital ecosystem in India, says Larry Fink

RIL 46th AGM Live: JFS JV with BlackRock to set up asset management business

RIL 46th AGM LIVE :: JioBlackrock to provide innovative investment solution, says Mukesh Ambani

RIL 46th AGM Live: JFS to fill critical gap of financial services needs in under served rural, sub-urban areas

RIL 46th AGM LIVE :: Jio Financial Services is born to accelerate India's growth story in Bharat

RIL 46th AGM Live: Digital and new commerce sales contributed Rs 50,000 crore to retail revenue

RIL 46th AGM Live: 9x growth seen in JioMart consumers since its launch in 2022

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