HSBC sees India as way to diversify from crowded AI holdings, sets Sensex target at 94,000 by 2026 end

Synopsis
HSBC has reiterated its bullish outlook on India, setting a Sensex target of 94,000 by end-2026. The brokerage sees India as a key diversification play away from crowded AI trades, expecting earnings recovery in 2026 and improved valuations …

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