Jewellery stock gains ahead of board meet to consider preference share redemption, check details
Mumbai: Shares of Motisons Jewellers Ltd, a Jaipur-based retail jewellery company, traded in the green ahead of the board meeting to consider the redemption of preference shares. The action in the stock also coincided with a strong rally in the benchmark indices, in line with a rally in global markets, after US President Donald Trump announced a temporary halt to strikes targeting Iranian energy infrastructure. The 30-share BSE Sensex jumped 1,516 points to 74,212.47 in early trade. The 50-share NSE Nifty surged 386.95 points to 22,899.60. Amid this rally, the counter opened in the green at Rs 12.53, up from…