Shares of Kalyan Jewellers India skyrocketed over 9 percent on January 20, snapping a three-day losing streak after asset manager Motilal Oswal AMC started to clarify rumors about its investments in the jewelry firm.The fund house dismissed rumors suggesting that its money managers were bribed to invest in Kalyan Jewellers, labeling the allegations as "baseless, malicious, and defamatory." “We c...

The benchmark indices remained moderately under pressure amid volatility for the second consecutive session on December 9, but the market breadth favored the bulls. About 1,357 shares advanced, while 1,191 shares declined on the NSE. The consolidative phase is likely to continue in the market despite the overall positive trend. Below are some trading ideas for the near term:Jigar S Patel, Senior M...

Shares of Kalyan Jewellers India fell as much as 5 per cent on October 7 as investors rushed to book profits off the stock after the company released strong Q2 business updates. The 40 per cent run-up in the stock in the past three months gave investors plenty of leeway to take home partial profit, resulting in the selloff in the counter today.At 10.17 am, shares of Kalyan Jewellers India were tra...

BSE Sensex and Nifty 50 were staring at a positive start on Monday, as suggested by trends on SGX Nifty in early trade. Nifty futures were trading 42.50 points or 0.26 per cent up at 16,702 on the Singaporean Exchange. In the previous session, Sensex rallied 1328.61 points or 2.4 per cent to 55,858.52, while Nifty 50 settled at 16658.40, up 410 points or 2.5 per cent. Asian stock markets were s...

MUMBAI: Shares of Kalyan Jewellers India Ltd made a tepid stock market debut on Friday, with shares listing at 15% discount to its issue price.At 10:05am, the scrip traded at Rs77.30 apiece, down 11.15% from its issue price of Rs87. The stock had listed at Rs73.90 on the BSE, and so far today has touched a high and a low of Rs78.55 and Rs73 respectively.Kalyan Jewellers initial public offer (IPO) ...