Immediately after the PM’s televised announcement, Mumbaikars made a dash for jewellery stores located on MG Road, Ghatkopar to buy jewellery. The stores remained opened till before 3 am, after which shop owners were forced to down shutters by the police.  Pics/ Bipin Kokate

Prime Minister Narenda Modi’s announcement turned out to be a win-win situation for Mumbai’s gold jewellers on Tuesday, with many describing it as a “second Diwali” of sorts.