INDIA MARKET LENS
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Festive Spending To Dip This Diwali: Consumer Survey Reveals Average Shopping Budget At Rs 20,000

· NDTV Profit

Urban India festive spending is projected to be at Rs 1.96 lakh crore, 6% lower compared to 2025.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • A market-wide development: it reaches beyond any single stock.
  • Sectors in the story: Consumer & Retail and Consumer Durables.

Consumer & Retail

1M -1.9% · 3M -7.9%

Consumer Durables

1M -1.8% · 3M -10.9%

Sector moves are the average of the stocks we track in each sector.

Consumer & RetailConsumer Durables