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Kalyan Jewellers, Titan and others slide as gold prices fall

Jewellery stocks including Kalyan Jewellers and Titan fell in intraday trade on Tuesday, 1 September, as profit booking followed a decline in gold prices after Prime Minister Narendra Modi urged avoiding gold purchases unless necessary.

KALYANKJILTITAN

New Delhi, Sept.

1 -- Most jewellery stocks, including Kalyan Jewellers, Titan, and Augmont, suffered losses in intraday trade on Tuesday, 1 September, due to profit booking amid a decline in gold prices, a day after Prime Minister Narendra Modi's appeal to avoid buying gold if not necessary.Shares…