New Delhi, Oct. 28 -- Jio Financial Services share price fell over 1% in Wednesday's trading session amid Jio Platforms IPO listing. The Reliance stock opened at Rs.207.24 apiece on NSE today and touched an intraday low of Rs.204.16 on 28 October.

Meanwhile, Reliance-backed Jio Platforms' Rs.30,213-crore initial public offering (IPO) made its stock market debut on the BSE and NSE today, rewarding successful allottees with a listing gain of around 21%. The shares opened at Rs.1,358 on both exchanges, compared with the IPO's upper price band of Rs.1,119 per equity share.

However, market experts believe the impact of the Jio Platforms IPO on Jio Financial Services shares is likely to be indirect rather than immediate.

"The Jio Platforms I...