HSBC downgrades India to 'underweight' as oil shock clouds earnings recovery - Reuters

<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxNU0drTjRFTDQyUXlLSVN1cExoUnFXSk13Mjc2aWZoR29VVnQxTm1fV2xCX21jMzBGVjg1RDZibncyMGt4S3NCQWN5akRUaXM4bnpZQ2tkM3ltMGdxNUc0OEs3MkU1ZEFFRnJPRHh5VHJpRGthaFp1d203NlZYQlowLTN3S3hWRFkzbUN5U2FjcnR1Z3BzT01wc2lZZVBLSnZzWXduVXVaX0RoQmdUb29wRmdGRzBpekk?oc=5" target="_blank">HSBC downgrades India to 'underweight' as oil shock clouds earnings recovery</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

HSBC has downgraded Indian equities to underweight for the second time in under a month, citing $100 crude, rupee risks and FPI outflows of $18.5 billion in 2026. Nifty and Sensex down 6.7% and 7.9% this year.

HSBC downgraded Indian equities to 'underweight' from 'neutral' for the second time in less than a month, citing surging energy prices triggered by the Middle East war as a threat to the durability of the country's earnings recovery. Brent crude is up 42% since the war started in late February and is currently trading above $100 a barrel, raising inflation and growth risks for the world's third-largest oil importer.

HSBC downgraded Indian stocks to 'Underweight' from 'Neutral' as it expects potential inflation and demand pressures to take a toll on corporate earnings growth this year. The ongoing Middle East conflict has refocused attention on downside growth risks, given India's significant reliance on imported energy.

HSBC has downgraded Indian equities to 'underweight', citing surging energy prices from the Middle East war as a threat to the country's earnings recovery. With Brent crude above $100 a barrel, inflation and growth risks are elevated, making India less attractive than North East Asian peers. Earnings forecasts are expected to be revised lower, and foreign investor concerns are mounting.

HSBC downgraded Indian equities to 'underweight' from 'neutral' for the second time in less than a month, citing surging energy prices triggered by the Middle East war as a threat to the durability of the country's earnings recovery. Brent crude is up 42% since the war started in late February and is currently trading above $100 a barrel, raising inflation and growth risks for the world's third-largest oil importer.

HSBC downgraded Indian equities to 'underweight' from 'neutral' for the second time in less than a month, citing surging energy prices triggered by the Middle East war as a threat to the durability of the country's earnings recovery. Brent crude is up 42% since the war started in late February and is currently trading above $100 a barrel, raising inflation and growth risks for the world's third-largest oil importer.

HSBC has downgraded Indian equities from 'neutral' to 'underweight', its second reduction in less than a week, as it believes that the surging energy costs triggered by the Middle East war will threaten the enduring strength of India's earnings recovery. Brent crude has risen by 42% since late February when the conflict began. It is now trading at over $100 per barrel, increasing inflation and growth risk for the third largest oil importer in the world.