[ad_1] Manishi Raychaudhuri, Chief Executive Officer of Emmer Capital Partners, says two factors make him cautious about the Indian market in the near term: slowing earnings growth and high valuations. “Earnings estimates have been declining since late September, dropping by 6-7%, and this has been broad-based across sectors, be it domestic or international revenue dependent,” […]
HSBC downgrades Indian markets to ‘neutral’, cuts Sensex target by 5,000 points – CNBC TV18
[ad_1] Indian stock markets have been downgraded to “neutral” by brokerage firm HSBC on Thursday, January 9, compared to their earlier stance of “overweight.” Company Value Change %Change HSBC has also cut its 2025-end Sensex target to 85,990 from 80,520 earlier. On the flip side, HSBC is “overweight” on China, has upgraded Hong Kong’s market […]