HSBC downgrades Indian stocks to ’Neutral’, lower Sensex target to 85,990 for 2025
HSBC has downgraded Indian equities to ’Neutral’ due to high valuations and slowing growth, adjusting its Sensex target for ...
HSBC downgrades Indian stocks to 'neutral' on tapering growth, lofty valuations
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.
HSBC downgrades Indian equities to 'Neutral'; revises Sensex target for 2025 end
Analysts at HSBC downgraded Indian equities to ‘Neutral’ from ‘Overweight’. The London-based financial services firm, has ...