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Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's why
Indian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, however, surged on market rumors of being permitted to import gold. This situation has led to significant amounts of precious metals stuck at customs, awaiting a formal government order, potentially impacting supply ahead of Akshaya Tritiya.
cityfalcon.com
Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's why
Indian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, however, surged on market rumors of being permitted to import gold. This situation has led to significant amounts of precious metals stuck at customs, awaiting a formal government order, potentially impacting supply ahead of Akshaya Tritiya.
cityfalcon.com
More News
… Trading Corporation of India (MMTC) and Switzerland-based gold refining firm … .5 lakh crore gold investments made in India … gold is regulated by standard gold markets , digital gold is … the only London Bullion Market Association (LBMA)-accredited precious …
cityfalcon.com
Regarding stocks to buy under ₹100, Sumeet Bagadia recommended buying these three shares: Reliance Power, Fiberweb (India), and MMTC.
cityfalcon.com
Retail sentiment on the Nifty 50 turned ‘extremely bullish’ as Indian equities ended higher on relief from U.S. trade risks.
Stocktwits
Despite a steep fall in profit and revenues, MMTC stock rallied for the second session. An analyst says a technical rebound and rising volumes could push it further
Stocktwits
Hyderabad: MMTC Limited has secured a legal victory in a long-standing commercial dispute against MBS Jewellers Private Limited, MBS Impex Private Lim.
cityfalcon.com
Hyderabad: The Telangana high court on Thursday refused to quash an Enforcement Directorate (ED) prosecution complaint (PC) against city-based Musaddi.
cityfalcon.com
MMTC-PAMP, India's sole LBMA-accredited gold and silver refiner, commemorated the first anniversary of Ram Lalla Pran Pratishtha in Ayodhya with exclusive Ram Lalla Gold and Silver Bars. These bars, crafted with 99.99%+ purity, feature 3D embossed images of the Ram Lalla idol and the Ram Mandir. The celebrations included spiritual and cultural activities from January 11-13, 2025, with performances by notable artists. MMTC-PAMP, a joint venture between PAMP SA and MMTC Ltd., invites devotees and investors to acquire these bars, symbolizing faith and devotion. The company is recognized for its excellence in the precious metals industry.
cityfalcon.com

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