Sectors Badly Hit by Demonetization


2. Smartphones:

Mobile phone makers are facing a tough time after the demonetization announcement, as the common man has no cash to buy phones. Many brands have delayed the launch of their new brands for the time being and are waiting for things to normalize.

3. Movies:

Theaters have also witnessed a decline in bookings after the announcement of demonetization. Although people have started booking tickets online, there has been a visible drop in theater occupancy.

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