HSBC has downgraded its rating on India to 'Neutral' from 'overweight', forecasting a Sensex target of Rs 85,990 for 2025.
HSBC, however, maintains a positive outlook on select Asian markets, particularly China, Hong Kong, and South Korea. The ...
HSBC said in its note that after annualised growth of 25% in recent years, profits appear to have softened, while valuations ...
The seasonally adjusted HSBC India Services Business Activity Index, rose from 58.4 in November to 59.3 in December, ...
The survey, which quoted responses from 400 service providers, indicated output growth increased in December as firms ...
HSBC Holdings Plc is turning bullish on Chinese stocks listed in Hong Kong, touting them as beneficiaries of more “favorable ...
HSBC forecasts India's real GDP growth to be 6.2% in FY25, lower than the official estimate, and 6.5% in FY26. The brokerage ...
HSBC has maintained a 'buy' rating on Zomato with a target price to Rs 330, implying a potential upside of 21%.
India's services sector concluded 2024 strongly, as HSBC's PMI index rose to 59.3 from 58.4, reflecting a significant growth ...
India's services sector experienced its highest growth in four months, spurred by strong demand and easing inflation ...
The survey also pointed to a solid increase in international orders placed with Indian service providers. However, the growth in foreign demand retreated to a three-month low.