Elevated U.S. interest rates are impacting the U.S. retail sector, with some stocks soaring while others struggle. The S&P 500 Consumer Discretionary index is up 14%, driven by select stocks, like , which is up 21%. However, lower-income focused companies, like Dollar Tree and Dollar General, have faced declines.
Stocks to buy: Jio Financial, SBI Card and Canara Bank on investors’ radar
Indian stock indices closed higher for the third consecutive session, fueled by easing retail inflation and hopes for rate cuts. Viral Chheda of SSJ Finance
April 17, 2025