JioBlackRock secured SEBI approval to launch four passive funds across smallcap, midcap, and G-Sec indices. Analysts noted a bullish breakout in Jio Financial's stock above ₹305, with support at ₹300 and resistance at ₹350. Analyst Mayank Singh Chandel sees a short-term target of ₹380. The JV plans more fund launches and reports Q1 earnings on July 17.