India's Tech Giant Jio Zooms Up the Stock Market Rocket!

Meet Jio! You might know it as the massive network that connects hundreds of millions of people in India to super-fast internet, mobile phones, and cool digital apps. For years, Jio operated under its parent company, Reliance Industries. But now, it took a giant leap onto the stock market all by itself!

When a company holds an IPO, it invites regular people and big investors to buy tiny ownership slices called shares. People were so eager to grab a piece of Jio that its share price shot up by twenty-one percent on its very first day of trading. Whoosh!