Jio Fin Services shares rise 5%

New Delhi: Shares of Jio Financial Services Ltd on Tuesday climbed 5 per cent after the company announced a 50:50 joint venture with BlackRock for setting up a wealth management and broking business. The stock gained 4.89 per cent to Rs 371.75 on the BSE. On the NSE, shares of the company climbed 4.98 per cent to Rs 371.95. In traded volume terms, 29.61 lakh shares of the company were traded on the BSE, and over 314.18 lakh shares on the NSE.