Jio Financial Services, the financial arm of Reliance Industries Ltd., is set to be included in the Nifty Next 50 index following the National Stock Exchange's semi-annual index reshuffle on March 28. The move, set for March 28, is expected to bring potential inflows of up to $90 million according to brokerage firms.
Despite recent rumors of acquisition talks with Paytm's Payments Bank, Jio Financial Services has shown robust performance, with its market capitalization surpassing ₹2 lakh crore.