New regulations on duty-free gold imports for jewellery exporters have caused shares of Senco Gold, Thangamayil, and Kalyan Jewellers to dip. The Directorate General of Foreign Trade has imposed stricter rules, including import caps and physical inspections, to curb gold imports and ensure compliance. These measures follow a recent increase in import duties.
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
Shares of Vedanta’s recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell