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Indian jewellery stocks jumped up to 18% on Feb. 9, 2026, after a U.S.-India trade deal promised to boost exports and eliminate tariffs on Indian gems.
Indian jewellery stocks surged up to 18% on February 9, 2026, following a new U.S.-India trade deal framework aiming to boost bilateral trade to $500 billion.
The agreement includes potential elimination of tariffs on Indian gem and jewellery exports, particularly cut and polished diamonds, addressing a 44.4% year-on-year decline in exports to the U.S. in 2025.
Goldiam International led gains with an 18% rise, driven by strong quarterly results and lab-grown diamond exports, while Kalyan Jewellers reported 90% profit growth.
The deal also involves reciprocal tariffs, Indian purchases of U.S. agricultural products, and a shift away from Russian oil imports.
Investors welcomed the clarity, boosting sector sentiment and broader Indian markets.
Las acciones de joyería de la India saltaron hasta un 18% el 9 de febrero de 2026, después de que un acuerdo comercial entre Estados Unidos e India prometiera impulsar las exportaciones y eliminar los aranceles sobre las gemas indias.