Tara Jewels plans an initial public offer which opens on November 21, 2012.
Shares of jewellery makers on Monday fell sharply by up to 20 per cent following dip in global prices of gold.
The problem is actually acute in the diamond jewellery industry where there is no uniform criteria of inventory valuation unlike gold, whose prices are uniform and widely quoted.
ICICI Bank, HDFC Bank, IndusInd Bank down between 0.2%-1.4% each.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Investors accumulated quality stocks at valuable and attractive levels.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
Investors booked profits at higher levels despite the growth oriented Budget.
Benchmark share indices ended lower for the third straight session as investors turned cautious amid tensions in Iraq even as consumer durables shares stole the limelight tracking rally in gold prices.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances