Jio Financial Services shares surge 4% to 324 rupees, the highest since December 2024, after the regulator approves Jio BlackRock Broking stockbroker unit, boosting fourth-day gains and annual rise.

• India's markets regulator grants Jio BlackRock Broking a stockbroker certificate, a joint venture with BlackRock, expanding market access.
• Shares rise to 324 rupees, the highest since December 18, 2024, with a 4.6% gain so far this year and the fourth straight daily rise.
• JIOF is on track for its fourth consecutive daily gain and monthly rise, fueled by the regulator's stockbroker approval.