Archive · 22 Jul 2026
Jio Financial Services: Hold or Buy?
Jio Financial Services is a company whose stock has not been doing very well lately.
A market expert named Akshay Bhagwat says that the stock has been stuck around Rs 240 for the past five months and doesn't show signs of a big rally soon.
The only good news is that the company might have an IPO soon, which is making some investors excited.
But Bhagwat advises current investors to hold their stocks but not to buy more right now.
He suggests waiting for a better time or more information about the IPO before making any new investments.
Jio Financial Services stock has been stagnant around Rs 240 for the past five months.
Market expert Akshay Bhagwat advises holding but not adding more at current levels.
The upcoming IPO is the main positive trigger for investor interest.
Technical analysis shows no signs of a big rally, with Rs 210 as a strong support level.
Investors should wait for a stronger technical breakout or IPO clarity before buying.
- Who
- Akshay Bhagwat, Associate Director of Derivatives Research at JM Financial
- What
- Analysis of Jio Financial Services stock performance and investment advice
- When
- Current market conditions and future outlook
- Where
- Business Today Television
- Why
- To provide guidance on whether to hold or buy Jio Financial Services stock
Hold
Buy
Current Market Performance
Hold
The stock has remained stagnant for months and lacks a strong technical setup for a near-term rally.
Buy
The IPO buzz is creating sentiment and keeping investor interest intact.
Investment Strategy
Hold
Investors should stay put but avoid adding more at current levels.
Buy
Fresh buying should wait for a stronger technical breakout or IPO clarity.
- Stock Name
- Jio Financial Services Ltd
- Current Price Range
- Around Rs 240
- Support Level
- Rs 210
- Market Expert
- Akshay Bhagwat, Associate Director of Derivatives Research at JM Financial
- Positive Trigger
- Upcoming IPO