VERIFIEDMint Markets·11 May 2026negative

What should be the trading strategy for jewellery stocks after Modi’s remarks and sharp correction?

AI Summary

·Jewellery stocks including Kalyan Jewellers, Titan Company, and Senco Gold experienced a decline of up to 10%.
·The drop occurred following Prime Minister Modi's remarks advising against non-essential gold purchases to conserve foreign reserves.
·Analysts recommend long-term investors maintain their positions despite the current market fluctuations.