According to the Vedic scriptures, the Shankha is one of the most auspicious objects that emerged from the sea during the Ksheera Sagara samudra manthan. Hence it is regarded as the brother of Goddess Lakshmi, the ruler of wealth. Most of the Gods and Goddesses hold the Shankha in their hands. Shankh is one auspicious nine objects of Kubera who is the Lord of wealth.
A majority of conch shells open on the left side, i.e., they are formed anti-clockwise. In contrast, those that open on the right side, i.e., formed clockwise, are rare, but very auspicious to keep in homes. These are expensive. It is believed that Goddess Lakshmi resides permanently in white conch shells that open on the right side (Dakshinavarti shankh). Both, Goddess Lakshmi and the right-sided conch shell have their origin in the sea and are believed to have the same father. A right-sided conch shell is considered the younger brother of Goddess Lakshmi.
It is believed that whoever owns a pair of right-sided conch shells shall always hold exalted positions and be successful in whatever he does. Misery and failure keep away. Daily reverence and methodical offering of prayers to it shall bring success and fulfilment. When it is placed in a shop, it promotes success in business. At home, it attracts wealth and happiness. Placed with foodgrains, it promotes prosperity. It is truly a symbol of glory and prosperity.