Diwali 365 +
365 days fast forward >>from last diwali ( 365 + ) and things are not looking gloomy as it was last diwali , what say ?...looks like the economy is back on trak , now that's a complicated statement to make ,by a set of layman :) however looking at our set of indicators we have reasons to state this ,here is why ...
Sensex ..there is no stopping the sensex , 9k last diwali to 17k plus this diwali , looks like people who had the guts to get in at 9k wud have made tons of money by now , 365 days for doubling or trebling their money is not bad at all . Looks like 17k is just the pit stop , before this speeds on to a new heights .
Gold rush : Indian fascination with gold still continues , in spite of gold prices , most retailers have reported a 25 to 30 % jump in retail sales during dhante raas ,in spite of a price hike ,maybe these figures needs to be normalised for the price hike ,but it goes on to show how Indians cant do without gold m whatever the prices be .
Car sales ::An estimated 20,000 cars were delivered on Thursday 15th October nationally ( news reports ) , the highest in a single day ever.Most new car models including higher end cars are getting launched in India ,to name a few , the Chevrolet cruze , Tata manza , and the awesome BMW car priced at 99 lakhs( bata pricing less than a crore :) ) in India.
LED sales+ Big TV is in ! :: The LED and the erstwhile LCD sales in India has just taken off , its another fact that most of our acquaintances are under the consideration set or already have moved into the LED or the Big LCD space ( 40 " plus ) , we are sure this must be happening across families , most consumer durable brands had their best diwali this year in terms of growth if one were to go by the press reports figures varying from 30 - 40 % growth , again a sign that things are looking up for sure .
Not all things are looking up though , apparel sales have not hit the roof and so have the personal accessories sales , but looks like the last year diwali syndrome is thing of the past , happy days are here again , Thumbs up , to India shining again !
Sensex ..there is no stopping the sensex , 9k last diwali to 17k plus this diwali , looks like people who had the guts to get in at 9k wud have made tons of money by now , 365 days for doubling or trebling their money is not bad at all . Looks like 17k is just the pit stop , before this speeds on to a new heights .
Gold rush : Indian fascination with gold still continues , in spite of gold prices , most retailers have reported a 25 to 30 % jump in retail sales during dhante raas ,in spite of a price hike ,maybe these figures needs to be normalised for the price hike ,but it goes on to show how Indians cant do without gold m whatever the prices be .
Car sales ::An estimated 20,000 cars were delivered on Thursday 15th October nationally ( news reports ) , the highest in a single day ever.Most new car models including higher end cars are getting launched in India ,to name a few , the Chevrolet cruze , Tata manza , and the awesome BMW car priced at 99 lakhs( bata pricing less than a crore :) ) in India.
LED sales+ Big TV is in ! :: The LED and the erstwhile LCD sales in India has just taken off , its another fact that most of our acquaintances are under the consideration set or already have moved into the LED or the Big LCD space ( 40 " plus ) , we are sure this must be happening across families , most consumer durable brands had their best diwali this year in terms of growth if one were to go by the press reports figures varying from 30 - 40 % growth , again a sign that things are looking up for sure .
Not all things are looking up though , apparel sales have not hit the roof and so have the personal accessories sales , but looks like the last year diwali syndrome is thing of the past , happy days are here again , Thumbs up , to India shining again !
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