Traders make loss when they get emotionally involved in a trade that doesn't go as planned and it is common in trading circles that one should trade with the trend.

Motilal Oswal has issued a BUY recommendation on P N Gadgil Jewellers (PNGJL), setting a target price of Rs 825, which implies a robust 37% upside from the current market price of Rs 604.

Kalyan Jewellers Share price jumped 3.1 percent during early session on Wednesday. The stock was trading at Rs 537 after opening the session at Rs 522 (at the time of publication of this report).

Gold prices touched all time high at $3,500 during the Asian session but selling was witnessed at the highs. As traders booked profits, the rally in Gold was met with sharp selling.

In a significant expansion drive, prominent jewellery retailer Malabar Gold has announced plans to invest Rs.

Muthoot Finance share price jumped 4.4 percent on Monday as the company announced that its assets under management cross INR 1 trillion.