Indian stock markets experienced a notable rally on Monday, September 9. The Mumbai Sensex surged 375 points to 81,559, while the Nifty increased by 84 points to 24,936. Banking stocks and consumer staples were among the biggest gainers, with ICICI Bank seeing a significant boost.
In the commodities market, the price of 22-carat jewelry in Chennai remained steady at Rs 6,680 per gram. Sawan gold is selling at Rs 53,440, while silver prices have risen by 50 paise to Rs 90 per gram. Bullion silver prices have increased by Rs 500 per kg to Rs 90,000. A GST of 3% is applicable on gold and silver purchases at any shop. Additionally, the commission and damage costs for gold and silver vary by retailer