Kathmandu. Prime Minister Narendra Modi has appealed to people not to buy gold to save foreign currency. With this appeal, the share price of jewelry companies fell significantly on Monday.
Shares of major jewellery companies fell by more than 10 percent. Sky Gold’s share price fell the most. The company’s share price fell 12 percent.
Similarly, the share price of Senco fell by about 11 percent and the share price of Kalyan Jewellers by 10 percent.
The sectoral indices have turned red. The Nifty Consumer Durables Index was the biggest loser, falling by 3 percent. –Agency
