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Indian equity benchmarks inch lower as oil climbs; Jio makes strong debut
Indian share benchmarks inched lower on Wednesday as rising oil prices weighed on risk appetite, while Jio Platforms hogged the limelight after its blockbuster listing ranked it as the second-biggest company in the country by market capitalisation. The Nifty 50 fell 0.22% to 22,698.85, and the Sensex shed 0.48% to 73,246.03. They had fallen more than 1% during the day. Telecoms and digital company Jio Platforms jumped about 27% to 1,417.5 rupees on NSE, giving it a valuation of $137.31 billion, second only to its parent Reliance Industries in India. The broader sentiment remained mixed, with s...
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