HSBC upgrades India to ‘overweight’; catch key takeaways
Global brokerage HSBC on Wednesday, September 24, upgraded its rating on India to ‘overweight’ from ‘neutral’, setting a Sensex target of 94,000 for 2026. The brokerage believes that the country’s valuation is no longer a concern. Furthermore, government policies are considered positive for the market, according to HSBC. It also noted that US tariffs will…