Brokerage Views: Reliance Industries In Focus, Citi On Bharti Hexacom And More

Reliance Industries: Citi Initiates Coverage With A Buy Rating

* Citi has initiated coverage on Reliance Industries with a buy rating and a target price of Rs 2,950. * The brokerage firm believes that Reliance is well-positioned to benefit from the recovery in the refining and petrochemicals businesses. * Citi also cited Reliance's strong balance sheet and its leadership position in the Indian telecom market as reasons for its positive view.

Bharti Hexacom: Buy Call By Citi

* Citi has upgraded Bharti Hexacom to buy from neutral with a target price of Rs 80. * The brokerage firm believes that the company is well-positioned to benefit from the growth in the telecom sector. * Citi also cited Bharti Hexacom's strong financials and its healthy order book as reasons for its positive view.

Other Brokerage Views

* Goldman Sachs has maintained its buy rating on HCL Technologies with a target price of Rs 1,400. * Morgan Stanley has maintained its overweight rating on Tata Consultancy Services with a target price of Rs 3,500. * ICICI Securities has maintained its buy rating on Infosys with a target price of Rs 1,750.

Disclaimer: The views expressed in this article are those of the respective brokerages and do not necessarily reflect the views of the author or the publication. Investors should not make any investment decisions based solely on the information provided in this article. They should consult with a financial advisor before making any investment decisions.