Sensex Gains 100 Pts, Nifty Reclaims 10,000; Jewellery Stocks Rally

The 30-share BSE Sensex was up 93.76 points at 31,907.98 and the 50-share NSE Nifty rose 24.85 points to 10,004.55.

About 1,482 shares advanced against 654 declining shares on the BSE.

Jewellery stocks rallied 2-20 percent after the Government withdrew its GST notification on gems and jewellery.

Gitanjali Jems, PC Jeweller, Titan Company, Tara Jewels and TBZ gained 4-7 percent as Permanent Account Number card will no longer be mandatory on the purchase of jewellery for over Rs 50,000.

The government has taken this decision at its 22nd GST Council meeting on Friday.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory