Gems & Jewellery Sector

Gold prices in India declined on October 23, 2026. The 24K gold rate fell to ₹14,248 per gram, 22K to ₹13,060 and 18K to ₹10,686. Check city-wise rates and market developments.

Indian stock markets ended lower for the third consecutive session on October 22, with the Sensex declining 460 points and the Nifty slipping below 22,700. Media, FMCG, IT and energy stocks led sectoral losses, while rising Brent crude prices and a sell-off across Asian markets added to investor concerns.

PC Jeweller reported a 58% YoY rise in net profit to ₹331 crore and a 27.8% increase in revenue in Q2 FY27. Despite strong earnings, full bank debt repayment and ₹142 crore in export receivables recovered, the stock fell from its intraday high on October 22. Here are the key factors behind the share price movement.

PC Jeweller shares extended their rally on October 21, 2026, after gaining over 40% in two weeks. The company reported 28% revenue growth in Q2 FY27, cleared dues to 14 consortium banks and received ₹142 crore in export remittances.

Titan shares declined nearly 4% on October 7 despite 25% year-on-year growth across consumer businesses in Q2 FY27. Nomura maintained its Buy rating with a ₹5,425 target, while flagging gold prices and competition as risks.

The Indian stock market is under pressure as geopolitical tensions, rising crude oil prices, higher US Treasury yields, rupee weakness and foreign investor selling trigger a broad-based sell-off in Nifty and Sensex.

Indian benchmark indices ended higher on September 10, 2026, snapping a three-session losing streak. Nifty and Sensex gained 0.20% and 0.19%, respectively, led by banking and financial stocks, while crude oil above $100, rupee weakness and pressure in auto and metal stocks kept gains limited.

Jewellery stocks rallied sharply on Monday, with PC Jeweller, Lalithaa Jewellery Mart, BlueStone Jewellery, P N Gadgil Jewellers and Thangamayil Jewellery among the major gainers. Here are the key reasons behind the rally and the factors investors should watch.

Deepa Jewellers IPO allotment status is being finalised after the issue was subscribed 43.40 times. Check the latest GMP, estimated listing price, subscription figures and steps to check allotment status on NSE, BSE and the registrar website.

Augmont Enterprises listed at ₹961 on NSE against an IPO issue price of ₹788. At 11:15 AM, the stock traded at ₹939.20, up 19.19% from the issue price after touching a high of ₹1,019.80.