Markets are increasingly accustomed to geopolitical shocks, with investors likely to overlook conflicts unless they significantly impact growth or inflation. While crude oil remains a key variable, strong US production and OPEC decisions are balancing supply. Investors are focused on US economic data and the Federal Reserve’s delayed interest rate cut outlook.
Gaurav Jogani sees jewellery, footwear driving consumer discretionary growth
Jewellery and footwear sectors are driving growth in consumer discretionary spending. Quick-service restaurants are adapting with pricing strategies. Margins are improving due to cost management.
February 20, 2026