Jio Financial Services Shows Signs of Trend Reversal Amid Broader Market Decline

Jio Financial Services has shown notable activity today, gaining 3.36% as of March 4, 2025. This uptick comes after a six-day streak of declines, marking a potential trend reversal for the stock. The stock reached an intraday high of Rs 208, reflecting a 3.51% increase during the trading session. However, it remains 4.43% away from its 52-week low of Rs 198.6 and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In the broader market context, the Sensex opened lower at 72,817.34, down 268.60 points (-0.37%), and is currently trading at 72,965.64, a slight decline of -0.16%. The index is also close to its 52-week low, being 3.74% away from 70,234.43. Over the past three weeks, the Sensex has experienced a loss of -3.92%. In contrast, Jio Financial Services has outperformed the sector today by 3.56%, although its performance over the past month shows a decline of 15.30%.