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Deepa Jewellers Shares Climb 13% Amid Market Sell-off

Deepa Jewellers' share price surged over 13% on Wednesday, defying a broader market downturn in Indian equities. The Reserve Bank of India's 25 basis point policy rate hike pressured rate-sensitive sectors.

DEEPA

New Delhi, Oct. 7 -- Deepa Jewellers share price jumped over 13% on Wednesday, bucking the broader market sell-off as Indian equities came under pressure after the Reserve Bank of India (RBI) raised the policy rate by 25 basis points. Rate-sensitive sectors bore the brunt of the decline amid persis…