Markets across C’garh buzz on ‘Dhanteras’

Source: The Hitavada      Date: 06 Nov 2018 10:48:10


Business Reporter,


‘DHANTERAS’, an auspicious occasion for a pre-Diwali shopping spree witnessed bubbling Raipurians hopping around Jaistambh Chowk, heart of the Capital city which was the most happening shopping destination on Monday.
A sea of festive-enthusiast crowd thronged the market places causing ‘chock-o-block’ scenario all the ways in and out of the city. With customers seen in upbeat mood, they were equally reciprocated with fully decked-up market, a scenario that pumped in adrenalin shot to their frenzied buying spirits.

Irrespective of sectors and segments, the customers opened their hearts and wallets to mark auspicious as well as full-fledged buying on the occasion of Dhanteras celebration. An equally poised and predetermined market also offered ‘best of the best’ to woo the customers with everything they had to offer in value for their money. Be it Sadar Bazaar, Malviya Road, MG Road, Pandri Cloth Market or any other commercial establishments, every major showroom and even the pettiest shop had their spaced filled with customers’ footfall.

Though strict guidelines under Model Code of Conduct slowed down the business activities in the capital, ‘Pushya Nakshatra’ brought the much needed momentum in the local business over taking the gross sale figures of previous years. On Dhanteras day, the year-long plan to buy new products from jewelleries, electronics, automobiles, real estate, readymade garments and branded as well as general use utensils was at peak.

However, according to the market pundits, segments that had the advantage of on-the-spot financing option through finance companies recorded bulk business. The sector mainly automobiles, electronics and real estate where finance and instalment facility had an upper hand during the auspicious day of festive shopping recorded better sales. According to business pundits the gross sale of all sectors would have cross Rs 300 crore in the Capital.

Apart from heavy rush at 2/4-wheeler showrooms, customers in large number were also seen buying electronics items like mobiles, TVs, washing machines, ACs, different gadgets and cooking range. Readymade garment traders also had their share of customers besides real estate sector which made the festive presence with offers and counter offers to take maximum advantage and obtain good business.

The Sarafa market also registered good trading with jewellries especially gold, silver, diamond and platinum along with gold and silver coins in great demand among all section of the society. Traditional jewellries still have the fascination among customers. This product range has the get-up of heavy varieties, but is lighter with modern fancy touch.

On condition of anonymity, a prominent businessman from Raipur informed that overall business transaction worth Rs 1,200 to Rs 1,500 crore was recorded across Chhattisgarh on the auspicious day of ‘Dhanteras’. The figure is expected to be Rs 300 crore to Rs 400 crore in Raipur city.