HSBC has downgraded Indian equities to ’Neutral’ due to high valuations and slowing growth, adjusting its Sensex target for ...
HSBC has downgraded Indian equity stocks to "neutral" from "overweight" on December 9. "The cyclical growth slowdown and elevated valuations have capped the upside in the near term... (and) we see ...
The brokerage slashed its end-2025 target for the BSE Sensex by 5% to 85,990. That implies a 10% upside for the benchmark, which was trading at 77,700 levels on Thursday.
Analysts at HSBC downgraded Indian equities to ‘Neutral’ from ‘Overweight’. The London-based financial services firm, has ...