Stock market today: BSE Sensex crashes 800 points & Nifty50 tests 23,200; rupee dips to life-time low of 86 – Times of India

<p>Asian stocks declined following US employment data. (AI image)<br></p> Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday morning. While BSE Sensex went below 76,600, Nifty50 was near 23,200. At 9:31 AM, BSE Sensex was trading at 76,726.48, down 652 points or 0.84%. Nifty50 was at 23,229.90,…

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Why HSBC has downgraded India to ‘neutral’ from ‘overweight’ – check Sensex target for 2025 – Times of India

Despite India’s impressive 25% annualised growth in recent years, HSBC considers this rate unsustainable. (AI image) HSBC has revised its stance on India to ‘Neutral’ from ‘overweight’. It has also set a BSE Sensex target of Rs 85,990 for 2025, citing reduced corporate profits and high valuations as primary concerns.Despite India’s impressive 25% annualised growth…

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