OICHARTS
8 AMThe 8 AM report →
JewelleryMetalsHigh impactAfter close

Customs duty hike impacts gold and silver jewellery stocks

after close1 source ↓written by the desknot a recommendation

has increased
10%
6%
in market capitalisation
₹50,000 cr

The customs duty on gold and silver has increased to 10% from 6%, affecting import costs. This has led to significant volatility in shares of jewellery companies, with Titan, Kalyan, and Senco Gold witnessing a cumulative loss of nearly ₹50,000 cr in market capitalisation. The MSCI rejig has also seen MCX and Indian Bank included, while Kalyan Jewellers was dropped.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 May 2026, 16:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

TITAN closed +1.1% on the day of the news, from ₹4,090.70 to ₹4,135.20; Nifty +1.2% over the same session; futures OI −0.5%.

Bulletin at 16:11 IST on 13 May 2026. Every change is measured from ₹4,090.70, the last close before it, on 13 May. Nifty 50 is measured over the same sessions.

  • TITAN close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
TITAN closes around the bulletin against the close before the news, with Nifty 50 rebased to it372941194509axis spans 21%before the news · 13 May4091Nifty 50TITANbulletinD0+1+3+57 May19 May29 MayFutures open interest, lotspeak 52,000Reference close ₹4,090.70. 16 sessions from 7 May to 29 May; the price axis spans 21 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before13 May₹4,090.70basebase
On the day14 May₹4,135.20▲ +1.1%▲ +1.2%−0.1 pp difference
+1 session15 May₹4,169.10▲ +1.9%▲ +1.0%+0.9 pp difference
+3 sessions19 May₹4,102.00▲ +0.3%▲ +0.9%−0.6 pp difference
+5 sessions21 May₹4,083.10▼ −0.2%▲ +1.0%−1.2 pp difference
Gap at the open, % · ₹
▲ +0.6%+24.14 on 14 May
Day's range, % · ₹
2.1%≈ 88 high to low
Volume on the day
0.71×the 20-session average
Futures OI on the day
▼ −0.5%−270 lots · short covering · price +1.1%
Futures OI open, lots
49,00014 May · 26 May expiry
Futures premium, ₹
+3.40+0.1% to spot
Puts per call, by OI
0.45from 0.45 the session before
Max pain
4,200from 4,200 the session before

Source NSE UDiFF bhavcopy · TITAN on the desk →

Thread · TITANAll TITAN bulletins →

Related