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Market move● Neutral for Indian equities
China consumer stocks lag as weak spending and AI focus weigh on sector
The brief
- Weak spending, sluggish incomes and falling property prices pressure consumer companies
- Investors are increasingly concentrating on technology stocks
- Stock Market LIVE: GIFT Nifty signals tepid open; Kospi down 2%; Brent rises on US-Iran tension
- GIFT Nifty signals weak start as Asian markets trade mixed
- Dollar falls as oil cools but set for weekly gain; yen rallies
- Nasdaq, S&P 500 Jump Pre-Market: Hormuz Deal Hopes Among Three Reasons Pushing US Stock Futures Higher
- Indian stock market: Jefferies' Chris Wood highlights one trigger that can fuel bull run; check his long-term portfolio