Focus on earnings not Trump tariffs, says HSBC, picks RIL, ICICI Bank stocks in ‘India Five’ bets

April 9, 2025

HSBC Global Research highlights five Indian stocks—TVS Motor, RIL, Shriram Finance, ICICI Bank, and Adani Ports—for their structural strengths, profitability, and earnings visibility, advising investors to focus on fundamentals over geopolitical tensions and Trump-imposed tariffs.

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