HSBC Upgrades Indian Equities To Overweight, Downgrades China To Neutral
Global financial services firm HSBC has upgraded Indian equities to 'overweight' from 'neutral', citing resilient corporate earnings, improving growth prospects and attractive valuations following a prolonged market correction. In its latest Asia-Pacific equity strategy report, HSBC said India's improving earnings outlook, strong credit growth and supportive policy measures could strengthen…
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