Indian jewellery stocks rally on strong festive-quarter sales, higher gold prices

Senco Gold

07/01/2026 05:19

Jan 7 (Reuters) - Indian jewellery stocks surged on Wednesday after reporting strong quarterly sales growth, driven by higher average selling prices for gold and robust festive-season demand.

Shares of Kalyan Jewellers KALN.NS rose 5%, while Titan Company TITN.NS climbed 4.2% to be the top Nifty 50 .NSEI percent gainer, following a sharp increase in third-quarter revenue supported by festivals-led large-ticket purchases and a richer premium product mix.

Senco Gold SENC.NS jumped as much as 14% and was on track for its biggest intraday gain in 20 months after reiterating confidence in achieving more than 25% annual growth for fiscal 2026 and reporting a 51% year-on-year surge in December-quarter sales.

 (Reporting by Urvi Dugar in Bengaluru; Editing by Sumana Nandy)

 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))