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Jio Platforms shares rose more than 21% on their trading debut after the company's record IPO, according to CNBC Top News. Jio offered 270 million shares at 1,119 rupees apiece, raising 302 billion rupees ($3.2 billion) in what was the country's largest-ever IPO. Meta and Google are backers of the company.

Sources:CNBC Top News

1 outlet · 1 article · first seen Oct 28, 2:00 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLC closed at 103.58, down 0.26%, on 2026-10-27. Listed for: Communication Services sector ETF.

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Corroborated by 3 outlets (GDELT)