Supported by lower inflation, tax reforms, and easier monetary policy, international brokerage firm HSBC believes Indian equities are set to be in a stronger position in 2026. Consensus forecasts point to 10% growth in FY26 and 16% in FY27 as the worst of earnings downgrades seems to be behind and recent results have boosted confidence in the growth outlook. Valuations are now more reasonable, with India’s premium over other emerging markets back to normal levels. Here are the top 10 stocks the brokerage is bullish on heading into 2026. Bullish bets

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