New Delhi, Oct. 28 -- Kicking off its trading on a strong note, shares of Jio Platforms listed at 1,358 on both BSE and NSE Ltd on Wednesday, October 28, a premium of 21.36 per cent over the issue price of Rs.1,119. The listing of Jio Platforms has largely been in line with market expectations.

At the listing price, Jio Platforms becomes India's second-most-valued company, and largest telecom firm, with a market capitalisation of Rs.12.50 lakh crore, ahead of companies such as Bharti Airtel Ltd and HDFC Bank Ltd. The listing of Jio Platforms has been on expected lines, with investors making a profit of nearly Rs.2,900 per lot of 12 shares.

Even before the formal listing, overseas brokerage firm Nomura has initiated coverage on Jio Platf...