A sharp decline in sales and prospects of a grim future have resulted in a fall in jewellery stocks.Dilip Kumar Jha reports. Jewellery stocks lost up to a fourth of their value since the demonetisation three weeks ago due to sharp decline in sales. The share price of the New Delhi-based PC Jeweller fell 24.99 per cent since November 8 when Prime Minister Narendra Modi announced discontinuation of Rs 500 and Rs 1,000 currency notes. The stock closed at Rs 360.45 on Friday. Demonetisation has ... Rediff.com, 2 months ago
India is the most vulnerable to changes like punitive offhshoring taxes and tighter visa quotas All engineering products and pharma could be under the gun IT and pharma indices may see wild swings. Devangshu Datta highlights the silver lining for the long-term investor. IMAGE: A stock exchange trader after Donald Trump's election. The Trump era will be especially disruptive and not necessarily in a good way. Photograph: Thomas Lohnes/Getty Images. The installation of a new US President is ...Rediff.com, 3 weeks ago
on your WebpageAdd Widget >Get your members hooked!