India, Nov. 12 -- Jewellery in India is bought for weddings, festivals and as a savings habit. Trust matters as much as design, which is why hallmarked, branded jewellers keep taking customers from the neighbourhood shop. Organised chains are now racing to build stores in places they have never reached.

The Nifty 50 was trading at 25,311.60, up 0.22%. Meanwhile, the Sensex also gained 0.24% to 82,077 on Thursday. Meanwhile, shares of Kalyan Jewellers India Ltd. were trading at Rs. 707.60, up 6.61% from the previous close of Rs. 663.75. The stock opened at Rs. 675.00 and reached an intraday high of Rs. 714.50 and a low of Rs. 669.00. The company currently has a market capitalization of Rs. 73,098.11 crore.

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