INDIAN RETAIL INVESTORS TAP $234 MILLION IN MARGIN FUNDING TO TRADE JIO PLATFORMS ON DEBUT DAY

Indian retail investors borrowed 22.28 billion rupees ($234.06 million) to buy Jio Platforms shares on Wednesday, making it the fourth-largest margin-funded stock ​in the country, as strong listing-day demand encouraged traders to take ‌on more risk.

Shares of billionaire Mukesh Ambani's telecom and digital company jumped 26.7% in debut trade, valuing it at around $137 billion and making it India's second-largest listed company by market ​capitalisation.

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