Jio finance stock price weekly Jio Finance stock price trend

Weekly Jio Finance stock price trend confirms relative strength versus Nifty benchmarks, with the stock outperforming index returns by 1.5% over seven days. Technical oscillators remain neutral-positive, indicating sustained interest without overextension. The Zacks Investment Management industry is a 38-stock group within the broader Zacks Finance sector. The industry currently carries a Zacks Industry Rank #16, which places it at the top 6% of more than 250 Zacks industries. The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates outperformance in the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1. The industry’s positioning in the top 50% of the Zacks-ranked industries is a result of robust earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are gaining confidence in this group’s bottom-line growth potential. The industry’s most recent 2024 earnings estimates have been revised 0.8% higher since the end of April 2023. Thus, we present a few stocks from the industry that you may want to add to your portfolio now. But before that, let us check out the industry’s recent stock market performance and valuation picture. Underlining that “there are things you can negotiate and there are things you can’t”, External Affairs Minister S Jaishankar said Sunday that India has been in talks with the US for “a trade understanding” where “our bottom lines and red lines are respected”. He reassured Quad is active, and India aims to go beyond defending interests and catch up in manufacturing. Over the past month, Jio Finance stock price has delivered nearly 4% returns. Institutional buying is evident in delivery-based trades surpassing ₹50 crore daily. The stock’s beta value at 0.92 suggests moderate volatility compared to the overall market, attracting long-term investors.