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Jewellery Stocks Fall Following Appeal Against Gold Buying
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Jewellery stocks drop sharply across Indian markets after Prime Minister Narendra Modi discourages gold buying
Major jewellery stocks closed significantly lower on September 1, 2026, reacting to a public appeal by Prime Minister Narendra Modi urging citizens to curtail gold acquisitions. Prominent retail chains like Kalyan Jewellers experienced a notable 4.7 percent decline amidst broader market pullbacks.
Google News India — Business ↗