Indian equities over valued; Sensex likely to correct to 26,000 by year-end: HSBC
Recent market rally may have resulted in upward outlook revision by brokerages, but HSBC feels Indian equities are overpriced and Sensex is in for a correction, which may slump to 26,000 by the end of 2016.
Jun 12, 2016, 15:05 PM IST