Jewellery exporters gain on proposed rule relaxation

Image
Reuters
Last Updated : Dec 10 2014 | 2:26 PM IST

Reuters Market Eye - Shares in gold companies are trading higher

India will announce changes as early as this week to a rule mandating star trading houses export 100 percent of gold imports - source to Reuters.

The proposed changes will give companies more flexibility amid global price fluctuations - traders say.

Titan Co Ltd gains 2.5 percent, Gitanjali Gems Ltd surges 7.98 percent and Tribhovandas Bhimji Zaveri is up 4.1 percent.

(Reporting by Indulal PM)

More From This Section

First Published: Dec 10 2014 | 2:18 PM IST

Next Story