08:54 AM EDT, 06/17/2025 (MT Newswires) -- Consumer stocks were leaning lower premarket Tuesday as the Consumer Staples Select Sector SPDR Fund (XLP) was marginally declining and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently down 0.5%.

MakeMyTrip ( MMYT ) shares were declining by more than 12% after the company said it is launching a proposed primary offering of 14 million ordinary shares.