24 Sep 2025 | 5 Mins Read
HSBC upgrades India, sets Sensex target at 94,000
Flipitmoney
HSBC upgraded India to "overweight" from "Neutral" in its latest note, with a 12-month Sensex target of 94,000, implying a 13.2% upside. Valuations no longer concern the firm, and policies will be a positive factor for equities. HSBC believes Indian equities are now attractive, despite some market underperformance, particularly in comparison to South Korea's 45% year-to-date advance.