Index : 1,781 | 1Yr : -3.76% | 1Mo : +9.29%
Category : Current Trends
Min Investment : 71,744
The period of Diwali has a noticeable seasonal impact on the economy. After the the monsoons ends in October, it brings income to the rural households. Also, being the most widely celebrated Indian festival occurs in the end of the festive season. It is during this time that companies pay bonuses and appraisals. The entire nation celebrates the festival of lights with their families which includes shopping, travelling, buying gold and jewellery, refurbishing their homes etc. This theme includes fundamentally strong companies from different sectors which are most likely to benefit from the festive spending around the country.