Achanak Kyun Gire Jewellery Stocks?
So, hua kya ki Prime Minister Modi ne sabko bola hai ki videshi kharchon par lagam lagao, especially gold khareedne par thoda ruko aur foreign travel bhi postpone karo. Unka kehna hai ki desh ka foreign exchange bachana zaroori hai, especially West Asia mein chal rahe tensions aur rising oil prices ko dekh kar.
Market ne Official Baat Ko Ignore Karke Kya Kiya?
Government ke taraf se saaf saaf keh diya gaya tha ki gold aur silver ki import duty nahi badhegi. Lekin market ne official statements ko ek side rakh diya aur PM ki appeal ko zyada serious liya. Investors ko lag raha hai ki chahe duty hike na ho, lekin government kuch na kuch toh karegi hi gold imports kam karne ke liye, jisse jewellery companies ko direct ya indirect impact padega. Is chinta mein poora Nifty index bhi 1.5% neeche gir gaya.
Kon Kon Se Stocks Gire?
Iska asar sabse zyada jewellery stocks par dekha gaya. Bade players jaise Titan Company, jinka market cap lagbhag $25 billion hai, woh bhi 8% toot gaye. Chhote players jaise Senco Gold (market cap ~$1.5 billion) aur Sky Gold And Diamonds Ltd (market cap ~$100 million) toh 11% aur 12.24% tak gir gaye. Lagta hai sabhi companies is economic uncertainty se pareshan hain.
Jewellery Sector Forex Se Itna Sensitive Kyun Hai?
Jewellery sector waise bhi logo ki kharch karne ki aadat par depend karta hai. Jab PM khud bol rahe hain ki forex bachao, toh log luxury items, jaise sona, khareedne se pehle do baar zaroor sochenge. Gold imports India ke current account deficit ka ek bada hissa hain, isliye jab bhi forex reserves par pressure aata hai, toh yeh sector sabse pehle affect hota hai.
Aage Kya Ho Sakta Hai?
Analysts ka kehna hai ki abhi filhaal toh jewellery stocks par thoda cautious rehne ka time hai. West Asia crisis aur Indian Rupee ka future kaise rahega, yeh sab dekhna hoga. Agar forex par pressure badhta hai, toh yeh stocks aur bhi gir sakte hain. Waise toh India mein gold ki demand cultural reasons se hamesha rehti hai, lekin abhi current economic conditions mein companies ke liye challenges badh gaye hain.
