New Delhi, April 11 -- The consumer discretionary sector is expected to witness a mix of growth and challenges in the coming quarters, driven by evolving consumer preferences, rising input costs, and regulatory pressures, brokerage firm Systematix said in a research report.

While value apparel retailers and premium brands are driving strong growth, the brokerage said margin pressures are emerging due to higher discounting and rising input costs. The jewellery sector is expected to see exceptional growth led by gold price inflation, wedding demand, and festive purchases, though margins may soften due to product mix shifts.

"Retail expansion remained aggressive across sectors, supporting strong topline growth but weighing on near-term pro...