Indian consumers most confident globally in Q4, 2012: Nielsen

"The fourth quarter highlights the willingness of people to spend during the holidays and festival season...The optimism, though, is tempered with a judicious controlling of household and discretionary expenses in order to balance the household budget," Mathur said.

The survey showed that job security and state of the economy continued to be the top concerns for Indian respondents.

"For one in five respondents (20 per cent), job security is the biggest concern in Q4, down two points from Q3 (22 per cent). The state of the economy is the biggest concern for 11 percent of respondents, down by three points from Q3 (14 per cent)," it said.