Tag
Jewellery stocks including Titan, Kalyan Jewellers, Sky Gold, and Senco fell up to 12% after PM Narendra Modi urged Indians to cut gold purchases and shift toward domestic financial assets. Investors fear even a modest demand slowdown could dent sector earnings, especially ahead of the key festive season.
SBI posted a 5.6% rise in Q4 net profit while Swiggy trimmed losses and Titan, Kalyan Jewellers, and Vedant Fashions grew profits year-on-year. Hyundai India and Urban Company went the other way, with a profit decline and wider losses respectively.
Tag
Jewellery stocks including Titan, Kalyan Jewellers, Sky Gold, and Senco fell up to 12% after PM Narendra Modi urged Indians to cut gold purchases and shift toward domestic financial assets. Investors fear even a modest demand slowdown could dent sector earnings, especially ahead of the key festive season.
1mo ago · 2 min · Markets
SBI posted a 5.6% rise in Q4 net profit while Swiggy trimmed losses and Titan, Kalyan Jewellers, and Vedant Fashions grew profits year-on-year. Hyundai India and Urban Company went the other way, with a profit decline and wider losses respectively.
1mo ago · 2 min · Markets
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