Jio Platforms shares rally for 2nd day, gain 33% in 2 sessions

Jio Platforms shares extended their rally for a second straight session on Thursday, rising over 5% to hit a high of ₹1,489.70 on the NSE. At this level, the stock has gained more than 33% over its issue price of ₹1,119 in just two sessions. The Reliance Industries-backed company made its stock market debut on Wednesday at a 21.36% premium.