Saral Gyan Team wishes you Happy Dhanteras!
The festival of Dhanteras falls in the month of Kartik (Oct-Nov) on the thirteenth day of the dark fortnight. This auspicious day is celebrated two days before the festival of lights, Diwali.
With new government at its action, the road ahead seems promising for Indian equity market. India’s Wholesale Price Index (WPI) based inflation dipped to 59-month of 2.4 in September 2014. The Consumer price inflation (CPI) also shed to 6.5 per cent in September, which are a promising signs. Significant fall in crude prices is going to help companies from various sectors like oil and gas, manufacturing - paint, plastic etc to deliver better margins. Morever, it will also help major automobiles to register better sales with pick up in demand considering fall in petrol and diesel prices.
Wish you happy & safe investing!
Team - Saral Gyan