Such a broadening in the winners’ list has been sought for years by market skeptics lamenting an equity melt-up whose momentum has been generated by a tiny cohort of asset-light firms. But it’s a less obvious blessing in the short term for passively managed investors. They’ve stashed one in every four ETF dollars in just five funds — products that are now perilously exposed to the fate of the Magnificent 7.
Kalyan Jewellers Q2 Results: Net profit jumps 64% YoY to Rs 427 crore, revenue rises 31%
Kalyan Jewellers reported a 63.6% YoY rise in consolidated net profit to Rs 427 crore in Q2FY27, while revenue grew 31.4% to Rs 10,323 crore.
November 10, 2026