positive
HSBC projects India’s Sensex to reach 94,000 by end-2026 on earnings rebound

Global brokerage HSBC on 20 November 2025 raised its target for India’s benchmark BSE Sensex to 94,000 by end-2026, pointing to an earnings recovery and cooling valuations. The bank cited a strong margin expansion outlook for banks, consumer names benefiting from GST cuts and lower borrowing costs, and weaker foreign‐portfolio outflows this year.
Despite about US$16.8 billion in net FPI selling during 2025, HSBC believes India is poised to attract emerging-market flows as investors seek growth outside AI-centric markets.
Tags:
- economy
- India
Reuters• By Pooja Kumari
Explore:Mutual Fund Tools
positive
HSBC projects India’s Sensex to reach 94,000 by end-2026 on earnings rebound

Global brokerage HSBC on 20 November 2025 raised its target for India’s benchmark BSE Sensex to 94,000 by end-2026, pointing to an earnings recovery and cooling valuations. The bank cited a strong margin expansion outlook for banks, consumer names benefiting from GST cuts and lower borrowing costs, and weaker foreign‐portfolio outflows this year.
Despite about US$16.8 billion in net FPI selling during 2025, HSBC believes India is poised to attract emerging-market flows as investors seek growth outside AI-centric markets.
Tags:
- economy
- India
Reuters• By Pooja Kumari
Explore:Mutual Fund Tools
1 min read
78 words

HSBC sees India’s Sensex hitting 94,000 by end-2026, citing earnings recovery and improved investor flows as key catalysts.
Global brokerage HSBC on 20 November 2025 raised its target for India’s benchmark BSE Sensex to 94,000 by end-2026, pointing to an earnings recovery and cooling valuations. The bank cited a strong margin expansion outlook for banks, consumer names benefiting from GST cuts and lower borrowing costs, and weaker foreign‐portfolio outflows this year.
Despite about US$16.8 billion in net FPI selling during 2025, HSBC believes India is poised to attract emerging-market flows as investors seek growth outside AI-centric markets.

Global brokerage HSBC on 20 November 2025 raised its target for India’s benchmark BSE Sensex to 94,000 by end-2026, pointing to an earnings recovery and cooling valuations. The bank cited a strong margin expansion outlook for banks, consumer names benefiting from GST cuts and lower borrowing costs, and weaker foreign‐portfolio outflows this year.
Despite about US$16.8 billion in net FPI selling during 2025, HSBC believes India is poised to attract emerging-market flows as investors seek growth outside AI-centric markets.
Tags:
- economy
- India
- economy
- India
- equities
- earnings forecast
- HSBC