New Delhi, Oct. 28 -- Jio Platforms, on Wednesday, made a blockbuster debut at the stock exchanges with a premium of over 21%. Backed by Mukesh Ambani's Reliance Industries Limited (RIL), Jio Platforms has now become the country's second most valuable firm by market capitalisation, trailing only its parent, RIL.

Jio Platforms share price closed at Rs.1,417.35, up 26.66 % from the issue price on the BSE. On the NSE, the stock climbed 26.67 % to end at Rs.1,417.50 apiece.

For retail investors who received a single lot (consisting of 12 shares) of the Jio Platforms issue, they made an immediate opening gain of Rs.2,868. As Jio share price rallied further and closed higher by the end of Wednesday's trading session, investors' gains increase...