Gems & Jewellery Sector

Kalyan Jewellers shares have rallied more than 40% in five trading sessions following a robust Q1 FY27 business update. Backed by 38% revenue growth, strong same-store sales, rapid showroom expansion, and Citi's ₹750 target price, the company enters FY27 with strong momentum.

Indian markets ended sharply higher on July 10, 2026, with Sensex rising 827 points and Nifty gaining 244 points. Strong TCS Q1 FY27 results, a rally in IT stocks, lower crude oil prices, easing volatility, and positive global cues supported investor sentiment. Realty, PSU banks, and financial stocks also witnessed strong buying during the session.

Kalyan Jewellers witnessed a remarkable three-day rally, gaining nearly 34% and adding around ₹11,500 crore to its market capitalization. The surge came after Citigroup reiterated its Buy rating and maintained a ₹750 target price, highlighting the company's long-term growth potential despite softer-than-expected quarterly revenue.

Kalyan Jewellers reported a strong Q1 FY27 with 38% revenue growth, robust same-store sales, and triple-digit growth at Candere. Citi upgraded the stock to Buy with a ₹750 target, driving a sharp rally in the company's shares.

Indian benchmark indices witnessed a broad-based sell-off on July 8, 2026, with the Nifty 50 and Sensex declining more than 2% as renewed US-Iran tensions, soaring crude oil prices, a weaker rupee, and rising market volatility dented investor sentiment. Banking and financial stocks led the decline, while most sectoral indices ended deep in the red amid growing geopolitical uncertainty.

Titan shares rallied 4% after the company reported a strong Q1 business update, with consumer business growing 41% YoY. Robust jewellery demand, 128% international growth, expansion of 77 new stores, and the CaratLane acquisition strengthened investor confidence in the company's long-term growth outlook.

The Indian stock market extended its gains on July 2, 2026, with the Nifty closing at 24,175.70 and the Sensex rising 579 points. A strong rebound in IT stocks, lower Brent crude prices, easing US-Iran tensions, a stronger rupee, and lower India VIX boosted investor confidence, while Realty, Auto, Chemicals, Cement, and Consumer Durables also ended in positive territory.

Advit Jewels debuted strongly on the NSE SME platform with a 35% listing gain over its IPO price, but later saw volatility and profit booking, though it still trades significantly above its issue price.

The Advit Jewels IPO allotment status can be checked online on the NSE and BSE portals using your PAN or application number. Here's a step-by-step guide to help investors verify whether shares have been allotted.

Indian benchmark indices ended slightly higher on June 25, 2026, supported by easing Brent crude prices, a stronger rupee, and positive RBI commentary. Auto stocks led gains with strong rallies in Mahindra & Mahindra and Maruti Suzuki, while metal, oil & gas, and IT stocks remained under pressure. Lower market volatility and improving global sentiment helped sustain investor confidence.