HSBC has forecasted that the Sensex could reach 90,520 by the end of 2025, signaling a potential upside of approximately 15% from current levels. This optimistic outlook is underpinned by strong macroeconomic indicators, robust corporate earnings, and favorable structural reforms within India.
Bullish Outlook: HSBC has expressed optimism about the Indian stock market, projecting a potential 15% upside for the Sensex by the end of 2025.
Target Level: This would bring the Sensex to a level of 90,520.
Cautious Optimism: While HSBC acknowledges a slight slowdown in India’s growth rate, they remain bullish on the country’s long-term prospects.
Valuation Concerns: However, the bank cautions about high valuations in the Indian equity market, particularly among large-cap stocks.
Sectoral Picks: HSBC has identified specific sectors and stocks that they believe will benefit from India’s growth story, including:
Healthcare
Banking
Technology
Stock Recommendations: KIMS and Axis Bank are among the stocks that HSBC has highlighted as favorable investment options.