HSBC projects that Sensex will hit 94,000 by the end of 2026, and has upgraded the status of Indian equities to ‘Overweight’ from ‘Neutral’. HSBC says the change in stance is due to improved market valuations, favourable government initiatives, and steady domestic investor participation. The firm projects a Sensex target of 94,000, suggesting a potential increase exceeding 13% from present values. This represents a change in HSBC's Asia-focused equity approach, positioning India as a comparatively appealing market within the Asian region's fluctuating environment, according to an ET report. According to the recent "Asia Equity Insights Quarterly" report, HSBC emphasises that despite foreign investors reducing their Indian equity holdings over the previous year, domestic investors h

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