Reliance Group overtakes Tata Group as Jio Platforms listing lifts market value to ₹30 lakh crore

The strong listing of Jio Platforms Ltd made the Reliance Group the biggest conglomerate by market valuation on Wednesday, overtaking the Tata Group.

Shares of Jio Platforms, the Reliance Industries-backed digital services company, made a blockbuster debut on Wednesday. The stock started trading at Rs 1,358, registering a jump of 21.36 per cent from the issue price of Rs 1,119, on both the BSE and NSE.