The day the whole country has been waiting for has arrived today. Jio was listed in the stock market. That too explosively. If we look at the figures, the company was listed at a premium of 21 percent. After which the shares of the company reached Rs.1,375. Due to which the market cap of the company is Rs. 2.30 lakh crore has increased. With this increase, Jio became the second largest market cap company in the country and Airtel was far behind. If experts are to be believed, Jio’s stock may fluctuate in the coming days. Let us also tell you what kind of statistics are being seen regarding Jio’s market cap.

Jio has become the second largest company in the country

Mukesh Ambani’s Jio platform has been listed on the stock market. According to BSE data, the Jio platform was listed at a premium of over 21 percent. While during the trading session the shares of the company traded at a premium of around 23 percent to Rs. reached 1,375. With this speed, Jio Platforms has not only become the second largest company in the country in terms of market cap. In fact it has also become the largest telecom company in the country. If we look at the figures, as per issue price, the company has a market cap of Rs. 10,30,490.55 crores. The special thing is that after the listing, the market cap of Jio has reached 12,66,615.09 crore rupees. It means that the market cap of the company is Rs. 2.36 lakh crore has increased. According to this, Jio beat Airtel and claimed the crown of the second largest company in the country. Currently, Airtel’s market cap is Rs 12.08 lakh crore. Shares of Airtel are down by more than 2 percent.

Airtel shares fall sharply

If we talk about Airtel shares, they are trading with a decline of more than 2 percent. Looking at the data, at 10.25 am the shares of the company fell by 2.09 percent to Rs. is trading at 1936.65. While during the trading session the shares of the company were Rs. 1,926.45 touched the day’s low. This is the reason why Airtel’s market cap has also seen a huge decline. If we look at the figures, when the stock market closed on Tuesday, the market cap of Airtel was Rs 12,34,371.11 crore. During the trading session, the company’s market cap was Rs. 12,02,046.09 crores. On this account the market cap of the company is Rs. 32,325.02 crores has been lost.

A big fall in the stock market

However, today the stock market is witnessing a major decline. According to information, Bombay Stock Exchange’s benchmark Sensex was trading at 72,642.44 points, down 955.27 points at 10.30 am. While during the trading session, the Sensex fell by 995.1 points to 72,603.57 points. On the other hand, the benchmark National Stock Exchange Nifty 50 is trading down 249.95 points at 22,498.45 points. The Nifty fell by around 255 points to 22,497.70 points during the trading session.