Kalyan Jewellers Shares Rise After Q2 Business Update

Shares of Kalyan Jewellers India Ltd. rose after the company witnessed revenue growth (YoY) of 60% for our India operations during the September quarter. In its q2 business update filed with the exchanges, the company said that there was robust momentum in both footfalls and revenue across all markets in India and Middle East, despite lockdown-related disruptions.

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BUY BANKNIFTY 29400 PE 370 TARGET 600-860 SL PAID

BUY BANKNIFTY 29400 PE 370 TARGET 600-860 SL PAID

A 50% month-on-month increase in net long positioning for FIIs in index futures has led to an expansion of rollover basis across the board this month. This has accompanied a 14% increase in market-wide open interest in single stock futures. Hence, sentiment going into December series is quite bullish. 

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