Best Consumer Discretionary Stocks for Smarter Investments in India in 2024
India is witnessing a massive wave of consumption, driven by a growing middle class, increasing disposable incomes, rapid urbanization, and a digital-first mindset. With the country expected to become the world’s third-largest consumer market by 2030, investors are closely watching this trend. Its focus on technological improvements, product sustainability, and a versatile product line have given it an incredible brand presence globally and in the Indian market. 5paisa shall not be responsible for any unauthorized circulation, reproduction or distribution of this material or contents thereof to any unintended recipient. This article is prepared for assistance only and is not intended to be and must not alone be taken as the basis of an investment decision. Please note that past performance of financial products and instruments does not necessarily indicate the prospects and performance thereof.
What is the weightage of GODREJ PROPERTIES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index?
The weightage of JAMNA AUTO INDUSTRIES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.05 % as per the current market cap on May 16,2025. The weightage of DP ABHUSHAN LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.05 % as per the current market cap on May 16,2025. The weightage of JTEKT INDIA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.05 % as per the current market cap on May 16,2025.
Direct-to-consumer (D2C) brands are booming, reaching beyond metros into tier II and III towns with focused storytelling, influencer marketing, and convenience. To track the performance of the consumption stocks in India, the NSE (National Stock Exchange) created the Nifty India Consumption Index. These stocks represent companies that produce and sell non-essential goods and services, such as automobiles, luxury items, entertainment, and travel services. Investing in these stocks allows investors to capitalize on consumer spending trends and economic cycles.
The weightage of NRB BEARINGS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025. The weightage of MAYUR UNIQUOTERS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025. The weightage of AUTOMOTIVE AXLES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025. The weightage of SANDHAR TECHNOLOGIES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025.
The aspirant or the struggler class will shrink in absolute terms and become a much lower share of the population over time. Second is that the cost of Internet access has decreased, which has led to a significant increase in internet penetration, which has fuelled aspirations. They’re both online discount marketplaces, with Temu focusing more on international business and Pinduoduo on customers in China. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. This highlights the reality of a divided economy where investors must stay focused and avoid getting distracted by alarming headlines. While the news can often feel overwhelming or contradictory, what ultimately matters are the results.
What is the weightage of LEMON TREE HOTELS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index?
The weightage of SOBHA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.22 % as per the current market cap on May 16,2025. The weightage of TRIDENT LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.22 % as per the current market cap on May 16,2025. The weightage of KAJARIA CERAMICS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.22 % as per the current market cap on May 16,2025. The weightage of CEAT LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.23 % as per the current market cap on May 16,2025. The weightage of BATA INDIA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.24 % as per the current market cap on May 16,2025.
The company, known for its electrical goods and appliances, has its 52-week high of Rs 2,106.00, a 52-week low of Rs 1,287.45, and a market capitalisation of Rs 1.03 Lakh Crore. Crompton Greaves Consumer Electricals, a major player in the consumer electronics and appliances sector also saw a boost in its share price rising by 6.05% on Budget day. Mutual Fund, Mutual Fund-SIP are not Exchange traded consumer discretionary stocks india products, and the Member is just acting as distributor. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.
The weightage of SOMANY CERAMICS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.03 % as per the current market cap on May 16,2025. The weightage of FEDERALMOGUL GOETZE (INDIA) LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.03 % as per the current market cap on May 16,2025. The weightage of SAI SILKS (KALAMANDIR) LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.03 % as per the current market cap on May 16,2025.
Hindustan Unilever, ITC, Nestlé India, Titan, Asian Paints, and Marico are some among them. Strong consumption businesses manage their supply chains and inventory cycles efficiently. Metrics such as inventory turnover ratio, receivable days, and cash conversion cycle provide a peek into operational agility. While these stocks can be profitable, they are also subject to risks such as economic cycles, changes in consumer preferences, and discretionary income levels. Those looking for companies with high growth potential driven by consumer spending and economic upswings.
- The weightage of SIGNATUREGLOBAL (INDIA) LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.26 % as per the current market cap on May 16,2025.
- Maruti Suzuki India is up 6.1%, leading the way for the Consumer Discretionary industry, which has gained 5.9%.
- Whether it is a fast-food chain, retailer, car manufacturer, or designer of luxury goods, consumer discretionary stocks are varied.
- It’s about understanding the broader ecosystem from economic trends to consumer behaviour, operational efficiency to brand positioning, and valuation discipline to governance.
- Its unique business strategy of procuring inexpensive alternates of brand-name products and reselling them at incredible discounts has simply added to its popularity.
What is the weightage of DLF LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index?
Even rural areas are joining the consumption story, contributing 30–45% of revenue for many FMCG companies. TJX Companies has heavily influenced the Indian consumer discretionary stocks segment. Its unique business strategy of procuring inexpensive alternates of brand-name products and reselling them at incredible discounts has simply added to its popularity.
- The weightage of ASHIANA HOUSING LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025.
- The weightage of BOMBAY DYEING & MANUFACTURING COMPANY LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.04 % as per the current market cap on May 16,2025.
- In September 2012, as many as 35 consumer discretionary stocks were split roughly equally between auto and non-auto categories.
What is the weightage of VERANDA LEARNING SOLUTIONS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index?
The weightage of ASIAN PAINTS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 3.33 % as per the current market cap on May 16,2025. The weightage of BAJAJ AUTO LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 3.49 % as per the current market cap on May 16,2025. The weightage of ZOMATO LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 3.49 % as per the current market cap on May 16,2025. The weightage of TATA MOTORS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 3.96 % as per the current market cap on May 16,2025.
The weightage of TUBE INVESTMENTS OF INDIA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.87 % as per the current market cap on May 16,2025. The weightage of MRF LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.88 % as per the current market cap on May 16,2025. The weightage of BHARAT FORGE LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.89 % as per the current market cap on May 16,2025. The weightage of OBEROI REALTY LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.90 % as per the current market cap on May 16,2025. The weightage of PRESTIGE ESTATE PROJECTS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.91 % as per the current market cap on May 16,2025.
Companies in the consumer discretionary sector can be highly profitable, driven by consumer spending and trends in lifestyle and luxury. Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Consumer discretionary stocks are expected to perform well in the second half of fiscal year 2026. This retailer is known for offering marked-down prices on brand-name merchandise and for its unique “treasure hunt” shopping experience.
What is the weightage of GREENLAM INDUSTRIES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index?
The weightage of SAMHI HOTELS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.06 % as per the current market cap on May 16,2025. The weightage of VAIBHAV GLOBAL LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.06 % as per the current market cap on May 16,2025. The weightage of ROLEX RINGS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.06 % as per the current market cap on May 16,2025. The weightage of HAWKINS COOKERS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.06 % as per the current market cap on May 16,2025.
The weightage of RENAISSANCE GLOBAL LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of BARBEQUENATION HOSPITALITY LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of BUTTERFLY GANDHIMATHI APPLIANCES LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025.
The weightage of FAZE THREE LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of VERANDA LEARNING SOLUTIONS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of UNIPARTS INDIA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of IGARASHI MOTORS INDIA LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025. The weightage of JAGRAN PRAKASHAN LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.02 % as per the current market cap on May 16,2025.
The weightage of ANANT RAJ LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.26 % as per the current market cap on May 16,2025. The weightage of VEDANT FASHIONS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.27 % as per the current market cap on May 16,2025. The weightage of ASAHI INDIA GLASS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.27 % as per the current market cap on May 16,2025. The weightage of BRAINBEES SOLUTIONS LTD in BSE CONSUMER DISCRETIONARY & SERVICES Index is 0.28 % as per the current market cap on May 16,2025.