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Data▲ Bullish for Indian equities
Buoyant Q2 demand for consumer goods lifts festive sales outlook
The brief
- Indian consumer demand grew in July-September, particularly for appliances and FMCG
- Air-conditioner sales rose, lifting the festive-season sales outlook
- Stronger festive demand may support Indian consumer-goods and FMCG companies
- Bank holidays in October 2026: Banks to remain closed on multiple days for festive season | Check RBI calendar
- Pulses prices surge up to 11% in a month as festive demand, crop concerns bite
- Paintmakers expect a brighter Diwali, but crude prices cloud the outlook
- Banks may deploy FCNR(B) liquidity as festive-season credit demand rises
- India cuts import duties on edible oils to ease prices ahead of festivals