NEW DELHI: Indian equities are set to be in a stronger position in 2026 on the back of lower inflation, tax reforms, and an easier monetary policy, a HSBC Global Research report stated on Thursday, putting India's outlook as 'overweight' from the Asia region.
Additionally, the global financial research firm maintained its previous target for Sensex at 94, 000 for the upcoming year.
"We are overweight India in an Asia context; our unchanged Sensex end-2026 target is 94, 000, up 11 per cent from current levels, " the HSBC report said.
HSBC, in the report, noted that consensus forecasts point to 10 per cent growth in FY26e and 16 per cent in FY27 (14 per cent for large caps).