According to estimates from Nuvama, Jio Financial Services stock is likely to be removed from the S&P BSE Sensex index if it fails to hit the 5% lower circuit. The stock experienced a 5% increase in the previous two trading sessions and continued to rise in the opening trade with the help of multiple block deals. However, the upper circuit is not expected to impact its potential exclusion from the Sensex. Read more [here](https://economictimes.indiatimes.com/markets/stocks/news/jio-financial-shares-hit-5-upper-circuit-on-likely-block-deals-stock-may-get-excluded-from-sensex-today/articleshow/103232743.cms).