By Shishir Prashant 
PrashantNews
Jewelry sector on Monday crashed in the stock market, a day after Prime Minister Narendra Modi made an appeal asking Indians to save energy resources and avoid buying gold for one year in view of the Middle East crisis
Most of the jewelry shares remained in the red throughout the day as the BSE Sensex closed at 76,015.28 down -1312.91 (-1.70%).
Most of the jewelry shares were down 5 to 10 percent at the close of the market.
Titan 4205.35 -308.05 (-6.83%)
Kalyan Jewellers India 385.45 -39.20 (-9.23%)
Senco Gold 334.00 -31.45 (-8.61%)
PC Jeweller 9.04 -0.47 (-4.94%)
Rajesh Exports 116.30 -5.50 (-4.52%)
The Sensex shares like Bharati Airtel, SBI and Indigo fell by 4 percent plunging the benchmark badly. Analysts said one big reason behind the stock markets crash was due to surging oil prices amid fading hopes of a US-Iran peace deal, along with other factors that spooked investors.