Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.