Why HSBC has downgraded India to ‘neutral’ from ‘overweight’

HSBC has downgraded India's outlook to 'Neutral' from 'overweight', setting a target of Rs 85,990 for 2025 for BSE Sensex. The firm cites lower corporate profits and high valuations as key concerns.

Jan 8, 2025 - 22:45
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Why HSBC has downgraded India to ‘neutral’ from ‘overweight’
HSBC has downgraded India's outlook to 'Neutral' from 'overweight', setting a target of Rs 85,990 for 2025 for BSE Sensex. The firm cites lower corporate profits and high valuations as key concerns.

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