India Jewelry Stocks Lose 12% as Modi Targets $72 Billion Gold Import Bill
India’s jewellery shares suffered a pointy single-day selloff on Monday. Major retailers shed as much as 12% after Prime Minister Narendra Modi urged a one-year pause on gold shopping for. The Nifty Consumer Durables index closed 4% decrease, and Titan was the one greatest drag on the Nifty 50. Inside the India Jewelry Stocks Selloff…
