Jio Financial Services share price declines 1.26% to ₹216.25 on October 16
Last Updated: 16th October 2026 - 05:26 pm
Key Takeaways
- Jio Financial Services fell ₹2.76 or 1.26% to ₹216.25 after trading in a compact ₹213-₹219 session range.
- More than 18.42 million shares changed hands, while the close was only ₹7.25 above the 52-week low of ₹209.
- The stock remained below its 50-day, 100-day and 200-day moving averages, with the one-year return at -30.83%.
Jio Financial Services share price closed October 16 at ₹216.25, falling ₹2.76 or 1.26%. The stock opened around ₹216 against a previous close near ₹219. It reached ₹219 at the upper end of the session and slipped to ₹213 at the lower end. The ₹6 trading range was narrow in absolute terms.
The final price was ₹3.25 above the low and ₹2.75 below the high. Volume was substantial at 18,428,610 shares.
Jio Financial Services remained below its reported moving averages. The 50-day DMA stood at ₹228.80, leaving the close ₹12.55 lower. The 100-day DMA was ₹235.80, creating a ₹19.55 gap. Its 200-day DMA stood at ₹247.30, or ₹31.05 above the October 16 closing price.
The share was also close to its annual low. The 52-week range extended from ₹209 to ₹317. At ₹216.25, Jio Financial Services sat only ₹7.25 above the lower annual boundary but ₹100.75 below the 52-week high.
All four displayed return periods were negative. The one-month return was -4.14%, while the three-month reading was -8.60%. Six-month performance stood at -10.88%, and the one-year return was -30.83%. The October 16 session added a further 1.26% decline. The combination of high volume, proximity to the annual low and a price below each of the main moving averages made the stock's numerical position relatively distinct within the day's Nifty 50 set.
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