Shining Tools Ltd. IPO has opened! The company manufactures high-performance solid carbide cutting tools and also provides reconditioning services — for the automotive, engineering, aerospace and defense industries.

This week proved to be a great week for the share market. After a long time, Sensex crossed the level of 82,000 and touched the record of 85,000 points, while Nifty also showed strength and reached the level of 26,000. Important reasons behind this rise were strong Q2 FY26 Quarterly Results and Positive Projection of IMF. Now in the last week of October, the market will keep an eye on the results of many big companies — which include Kotak Mahindra Bank, Indian Oil, TVS Motor, L&T, HPCL, ITC, Cipla, Dabur, Maruti and ACC. The results of these companies can decide the direction of the market. Meanwhile, the India-US Trade Agreement is almost in the final stages, and according to reports, the US is considering reducing the tariff on India from 50% to 15%. This is being considered a positive sign due to reduction in oil purchases from Russia. On the other hand, gold and silver prices witnessed a decline after 9 weeks — on MCX, December gold fell by ₹3,557 (2.8%) to close at ₹1,23,451 per 10 gram, while silver fell by ₹9,134 (5.83%) to close at ₹1,47,470 per kg. Now investors’ eyes are on next week’s move.

Today, despite the decline in the stock market, there was a tremendous rise in jewelery shares. Stocks such as Senco Gold, Titan, Kalyan Jewellers and Goldim International recorded a jump up to 6%. The expectation of demand to increase in the festive season, the companies’ business expansion plans and the prediction of stability in the gold price by the World Gold Council are the main causes of this boom. The Senco Gold was seen trading close to ₹ 380 with a gain of 5%, Kalyan Jewellers closed around ₹ 600 and Titan also recorded a 1% increase. Despite Broader Market Weakness, Jewelry Stocks Outperformed Due to Strong Festive Demand Expectations, Stable Gold Pries Prois Projects Projected for Late 2025, And Exposition Plans by KEY Players. Watch this video for a detailed analysis on what’s Driving this uptrend and whether it’s a good time to invest in jewelery stocks.