HSBC downgrades India to NEUTRAL
HSBC downgrades Indian stocks to 'neutral', slashes 2025-end Sensex target by 5%: Here's why
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 muted market returns in 2025," HSBC said in its note.
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