Page 2 - Diwali Impact
Asian Paints, Pidilite Ind: Trading strategies for paint stocks post Q2 nos
The overall trend in paints stocks is still bullish with mild profit-booking.
 "Asian Paints, Pidilite Ind: Trading strategies for paint stocks post Q2 nos")
Delhi air quality 'very poor' after Diwali, but not as bad as last year
The city's air quality index (AQI) stood at 368, a huge improvement over last year when it touched as high as 642, according to data from CPCB and DPCC
 "Delhi air quality 'very poor' after Diwali, but not as bad as last year")
Economic slowdown hit jewellery and apparel sales this Diwali: Report
The average value of card transactions in the two affected segments dipped in the days leading to Diwali, according to the data released by transaction processing company, Worldline
 "Economic slowdown hit jewellery and apparel sales this Diwali: Report")
Let's dwell on brighter notes
Businesses have offered attractive discounts to lure buyers and reduce inventory. With lower prices, abundant liquidity in the system and lower interest rates, the fall in demand might be arrested
 "Let's dwell on brighter notes")
In pics: Eight images that capture India's festive mood before Diwali
It's Diwali again and like every year it's about so many gifts to give, travelling home to meet loved ones, making 'rangoli' and shopping
 "In pics: Eight images that capture India's festive mood before Diwali")
Mixed Diwali for automobile, durables and fashion companies
The curtains are down on the festival of lights. But this season will probably go down as the toughest for fashion, durable and auto retailers/manufacturers, which logs 30 per cent of annual sales this time of the year.The crucial Diwali week, which concluded on Sunday, saw some discretionary spending by consumers. But the sales were lower compared to last year.Conversations with multiple retailers and manufacturers in Mumbai, New Delhi and Chennai revealed the festive fervour was missing in most stores. Organised durable chains said they expected year-on-year sales growth of 12-13 per cent during the Diwali week. This was lower than the 15-20 per cent year-on-year sales growth they saw last year."I was worried they'd be no business at all during Diwali," said Nilesh Shah, managing partner, Vijay Sales, a consumer durables chain operating in western and northern India. "Sales were seen in June when we offered heavy discounts to clear inventory. But we did get decent walk-ins during ...
 "Mixed Diwali for automobile, durables and fashion companies")
