HSBC downgrades Indian stock market to 'neutral' from 'overweight' for 2025

New Delhi [India], January 9 (ANI): As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral".

In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated.

After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated