Dhanteras demand boosts auto, gold sales, brings cheer for companies

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Despite the recent spike in gold prices, the festive period of Dhanteras saw strong footfalls in key consumer segments such as gold and silver, cars and SUVs, electronics, and durables. Companies and retailers reported positive buying trends, with consumers showing interest in premium products. Gold prices have stabilized in recent days, which has contributed to the double-digit growth in the jewelry industry. Car and SUV sales are also expected to grow by around 22%. Brands like Reliance Digital saw healthy footfalls, with a focus on premium products like large-screen TVs.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9GQ51ON

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