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HSBC Picks 'India Five' As Standouts In Otherwise 'Struggling' Equities
HSBC said the consumption-oriented proposals in the recent budget may not be enough to reverse the downbeat sentiment.
10 Feb 2025, 09:00 AM IST 
HSBC economists expect more liquidity measures in coming weeks, but look for just one more rate cut in April. (Bombay Stock Exchange. Image source: Sai Aravindh/NDTV Profit)
Amid slowing growth, struggling equities, and increasing downside risks, HSBC picked five top stocks in the Indian market, citing the recent sell-off as a good opportunity. Global funds are on edge with slow growth and elevated US bond yields and forex pressures, HSBC said in a note. The consumption-oriented proposals in the recent budget may not be enough to turn around the downbeat sentiment, it said. However, the fiscal discipli...
