Global brokerages turn bullish on Indian equities as market rebounds
Mumbai: Global brokerages HSBC, Citigroup and Jefferies have turned more bullish on Indian equities, citing improving earnings prospects, attractive valuations, and the potential for foreign fund inflows as the market stages a sharp recovery.HSBC Holdings has upgraded Indian equities to Overweight from Neutral, citing resilient corporate earnings and more reasonable valuations. "India offers…
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Global brokerages turn bullish on Indian equities as market rebounds (opens The Economic Times in a new tab)
Mumbai: Global brokerages HSBC, Citigroup and Jefferies have turned more bullish on Indian equities, citing improving earnings prospects, attractive valuations, and the potential for foreign fund inflows as the market stages a sharp recovery.HSBC Holdings has…
