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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Rupee ends in the green on likely central bank support

The Indian rupee weakened to 87.53 against the dollar on Friday, despite likely RBI intervention, capping a turbulent week marked by new US tariffs. Portfolio

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Listing or blitzing?! Figma stock soars 250% higher on Day 1 on Wall Street

Figma Inc. witnessed a remarkable 250% surge on its IPO debut, marking the largest first-day increase for a US-traded company exceeding $1 billion in three

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