Consumption-themed equity schemes are regaining investor interest due to appealing valuations and GST adjustments. The Nifty Consumption Index has underperformed the Nifty recently, but its valuations are now considered fair, presenting a favorable entry point for long-term investors.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.