International Gemological Institute Surges 18.4%

The International Gemological Institute has emerged as a standout performer in the Indian equity markets, registering an impressive weekly surge of 18.4% for the period ending October 23, 2026. In a week where the broader Nifty 500 index faced heavy selling pressure and closed lower by 1.24% at 21,427.60, this bullish upward movement highlights a distinct wave of institutional accumulation and renewed investor confidence in the company. Technically the stock has made a new 52 week high of 388.50 and the stock is trading above all its short term, medium term and long term Exponential Moving Averages. The weekly Macd Histogram has crossed above zero indicating a change in trend. The weekly RSI 14 has also crossed above the midline 50 levels indicating a change in trend. Thus, the overall trend of the stock looks bullish.