Kalyan Jewellers, Trent Surge Up To 9% As Nifty Nears 24,500
Retail heavyweights Kalyan Jewellers and Trent rallied up to 9% as Indian benchmarks extended gains for a fifth straight session, with Nifty approaching 24,500 and Sensex up over 200 points to 78,504.
Indian benchmarks extended gains for a fifth session with Nifty near 24,500. Retail names Kalyan Jewellers and Trent moved up to 9% amid broader market activity, though the item is largely macro/global market coverage.
Why this matters
The rally reverses recent weakness, with Kalyan Jewellers down 34% YTD and having slid 9% despite a 38% Q1FY27 revenue jump. The surge signals renewed investor interest in retail heavyweights.
Retail-brand signals steady at 2,570 over the trailing 90 days.
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