15-Oct-2026 07:45:35
General news
HSBC ON INDIA STRATEGY
• HSBC also likes industrials for their growth opportunities. • FY27 earnings growth forecast at 11–12% YoY. • More selective in consumer; prefers selected discretionary, retail and auto names over staples. • Valuations look more reasonable, with Nifty 50 trading at ~16x forward P/E. • This valuation level has been reached only twice in the past decade.