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Kalyan Jewellers India consolidated net profit rises 54 21% in the March 2021 quarter

Kalyan Jewellers India consolidated net profit rises 54 21% in the March 2021 quarter
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Particularsquarter endedyear endedmarKalyan jewellers indiaQuarter endedyearVar salesCapital marketகல்யாண் நகைக்கடைக்காரர்கள் இந்தியாவார் விற்பனைமூலதனம் சந்தை

India s gold shoppers are stuck at home for this year s Akshaya Trithiya

Mumbai: For a second year in a row, most jewelers in India have shuttered their stores on a day considered one of the most auspicious to buy gold as the country grapples with the world s worst health crisis. Purchases of valuables including bullion on Akshaya Tritiya are considered to bring luck and prosperity by Hindus. That tradition has been tested since last year as buyers now have to rely on either online purchases or forgo it entirely due to restrictions on stepping out and conducting business activity as coronavirus infections and deaths surge in India. Unfortunately about 80 per cent of the country is in a lockdown and sales will be impacted again this year, said Ashish Pethe, chairman of the All India Gem and Jewellery Domestic Council. The second wave is much more severe than last year and the mood is also very somber with almost every family touched by the virus. So no one is in the mood to buy gold.

Ramesh kalyanaramanAkshaya trithiyaAkshaya tritiyaKalyan jewellers india ltdJewellery domestic councilImage creditAshish petheAll india gemJewellery domesticKalyan jewellers indiaDigi goldரமேஷ் கல்யாணராமன்கல்யாண் நகைக்கடைக்காரர்கள் இந்தியா லிமிடெட்அணிகலன்கள் உள்நாட்டு சபைபடம் கடன்ஆஷிஷ் பேததே

market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

Explore Now NEW DELHI: Nifty saw a gap down opening on Monday, but made a smart recovery to end slightly above the previous closing, forming a bullish candle on the daily chart. Rohit Singre, Senior Technical Analyst at LKP Securities said, The overall structure will remain cautious for Nifty50 till it trades below 14,800 zone. On the higher side, the index has a stiff hurdle at 14,720-14,800 levels. Profit booking is suggested around the said levels. Fresh breakout will be only above 14,800 level and good supports are placed in the 14,550-14,500 zone. Ashis Biswas, Head of Technical Research at CapitalVia Global Research said, The expected levels of the Nifty50 are likely to be in the range of 14,500 and 14,800, and it’s going to be crucial for the short-term market scenario to sustain above the 14,500 level. Therefore, the short-term traders should use the rally to exit while keeping a buy on dip approach. The momentum indicators like RSI, MACD show indecisiveness supportin

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stock market analysis: Ahead of Market: 12 things that will decide stock action on Monday

Jubilant Ingrevia, Capri Global Capital, SAIL, Supreme Petrochem and Deepak Nitrite witnessed strong buying interest from market participants as they scaled their fresh 52-week highs on Friday, signalling bullish sentiment.

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Ahead of Market: 12 things that will decide stock action on Thursday

Mazhar Mohammad of Chartviewindia.in said that the index needs to sustain above the bullish gap of 14,695-667 registered in Wednesdays session.

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