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Union Budget 2017-18: Jewellery stocks gain on hopes of measures to boost sector

Gems and jewellery stocks gained 1-4 percent Wednesday on hopes that Finance Minister Arun Jaitley may announce some measures to boost the sector.

February 01, 2017 / 10:17 IST
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Moneycontrol Bureau

Gems and jewellery stocks gained 1-4 percent Wednesday on hopes that Finance Minister Arun Jaitley may announce some measures to boost the sector.

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Union Budget for the financial year 2017-18 will be presented shortly in the Parliament.

Gitanjali Gems was quoting at Rs 68.40, up 1.94 percent while PC Jeweller was at Rs 383.75, up 0.76 percent on the BSE, at 09:54 hours IST.