GENERAL29 Sept 2026
26% dip in YTD! Jio Financial Services shares hit 52-week low — will trend reverse? Target price, support, resistance | Stock Market News
Jio Financial Services shares fell over 2% on 29 September, touching a 52-week low, and are down over 25% this year. If you hold the stock, the break below key support has handed control to sellers. Analysts see ₹205–₹200 as long-term support and ₹224–₹226 as immediate resistance. Meanwhile, the company's June-quarter profit jumped 156% to ₹830 crore. Review your holding with a certified adviser.
Key Statutory Highlights
- Jio Financial Services shares fell more than 2% on 29 September, hitting a fresh 52-week low amid a broader market sell-off.
- The stock has declined over 25% this year and broke below its earlier ₹230 support level, which analysts say shifted control towards sellers.
- Jio Financial reported a 156% year-on-year rise in consolidated profit after tax to ₹830 crore in Q1 FY27.
Actionable Advice for Taxpayers / Founders:Before acting on these technical levels, check your own holding and speak to a certified adviser, since the support and resistance views are analyst opinions and not guaranteed outcomes.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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