The story revolves around bangle seller Chennaiah, who not only sells bangles to villagers, but also solves many of their family problems. He predicts the future of his customers through palmistry.

But despite being pressurised, the bangle seller does not read his lover's hand in the fear of coming to know of any untoward incident that might occur in her life. On the other hand, his stepmother conspires to stop Chennaiah's marriage with his lover.

Shivaraj Kumar, who has performed his role with ease, suits the character and portrays the emotions effectively. Navya Nair also does a great job of her role. However, some of the other actors tend to overact.

'Bhagyadha Balegaara' should ideally have been made during 1950s. But for some good performances and melodious songs, the film fails to make any impact.