UBS forecasts a strong rebound in India’s consumer sector by FY26, citing easing input costs, fiscal stimulus, and rural wage growth. It names DMart, Trent, and HUL as top stock picks, while upgrading Colgate, GCPL, and ITC. Asian Paints, Dabur, and Jubilant were downgraded due to growth and margin concerns.
US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny
Wall Street’s main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate