Nifty Hits 26,000 Post-Diwali; Jewellers Strike Gold With Bumper Sales

This report covers the Indian stock market's record-breaking rally, with the Nifty crossing the 26,000 mark, and features market expert Sharmila Joshi's outlook. Sharmila Joshi states, 'I personally think that this time it is a more sustainable than what we were seeing earlier.' The discussion delves into key sectors poised for outperformance in the new Samvat year, with a special focus on the consumption and FMCG space. It also highlights the phenomenal festive sales performance of the jewellery sector, with companies like P N Gadgil Jewellers reporting record numbers during Diwali. The conversation analyses the post-earnings stock movements of companies such as SBI Life Insurance and Kotak Mahindra Bank, and the future of gold and silver as investment assets.