Similarly, Pricol surged 43% after FPIs increased their stake by 9.4%. Kalyan Jewellers India rallied 116% in 2024 as FPIs boosted their holdings by 7.8%. The benchmark Nifty gained 8.75% in 2024 while Nifty Midcap 150 and Nifty Smallcap 250 surged 23.15% and 25.64%, respectively.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal