New Delhi, April 7 -- Shares of jewellery companies like Senco Gold, Kalyan Jewellers and PC Jeweller witnessed strong buying action in Tuesday's trading session, April 7, even as the broader market sentiment remained weak. Jewellery stocks rallied up to 10%, boosted by robust business updates for the March quarter (Q4) of the last fiscal year and reports on a reduction in base import prices of precious metals.

Going ahead, companies are optimistic about Q1FY27 as the summer wedding season demand and Akshay Tritiya could further drive the topline.

PC Jeweller emerged as the leader among the three, as the penny stock below Rs.10 surged 9.6% to Rs.9.29 apiece following a strong jump in standalone revenue and improving debt position. Meanw...