D iwali is festival of light celebrated all over India, Diwali is a special festival in many ways, but in terms of business, this festival has its own importance. It is also called the festival of happiness prosperity, every person of India celebrates it with great fanfare.
Business world see this festival as a big opportunity, because on this occasion several companies offer huge discounts to increase the sale of their products. To entice customers, companies come with a variety of attractive offers on Diwali.
On this Diwali which sector will the investor remain focused, let's see.
1. Auto Sector
Auto Sector is the most focused sector on Diwali, which is also the favourite sector for investors with an investment point of view. All companies come with good discounted offers to increase their auto sales. We can see a lot of increase in auto sales in Diwali. According to a report, auto sales on Diwali are almost double than normal days. Therefore, keeping in view the festival season, investors should invest in good auto sector companies.
2. Jewellery Manufacturing
Jewellery makers are also a good choice for investing. It is considered auspicious to buy gold silver on Dhanteras. Keeping in mind the demand for jewellery increases on the occasion of Diwali, it is a good decision to invest in jewellery sector.
3. Sugar Sector
Keeping Diwali in mind, investing in Sugar sector is also a good option, as Diwali arrives, the demand of sweets sharply increases, which is directly related to sugar. Buying sugar stocks can be a good option to investing in sugar sector.
4. Chemical Sector
Everyone knows when Diwali comes the work of decorating the house starts. People like to colour the house with different type of colour decoration. That's why the chemical sector is also the best choice for investment. When we think about chemical paint sector stock for investment then Asian Paints, AkazoNoble India,Berger Paints would be the first choice for investment.
5. Consumer Electronic
Diwali is the Festival of lights on this auspicious occasion people like to decorate home with lovely light pattern. People also like to spend money on consumer electronic product like Refrigerator,Mixer Grinder,Iron, Washing Machine. So this sector is also a good choice for investment, and spend some money on these stock can also be a good choice.
This is a small effort from me, I hope you appreciate my effort, I wish that this Diwali bring happiness and prosperity to my readers. this small post will prove to be useful for you. Happy Diwali 😂😂
Comments
Post a Comment