HSBC India Strategy: Targets Sensex at 90,520 by 2025; KIMS and Axis Bank among top picks

HSBC maintains a positive outlook on India's economic prospects, projecting a 15% rise in the Sensex by 2025. Despite a slight slowdown in growth, HSBC highlights risks associated with high valuations in the Indian equity market, particularly among large-cap stocks. The bank recommends KIMS and Axis Bank as favorable investment options.