Brokerage Views: JM Financial On Bharti Hexacom, Citi On Geopolitical Risks And More

JM Financial Institutional Securities Ltd., a leading Indian brokerage firm, has recently initiated coverage on Bharti Hexacom Limited (BHL), a leading integrated telecom infrastructure provider in India. According to JM Financial, Bharti Hexacom is well-positioned to benefit from the ongoing 4G spectrum auction in India and the growing demand for data services in the country.

Bharti Hexacom is a subsidiary of Bharti Airtel Limited, India's leading integrated telecommunications company. The company's focus on building and operating passive telecom infrastructure, such as towers and fiber optic cables, makes it an essential player in the Indian telecom ecosystem. With the ongoing 4G spectrum auction in India, Bharti Hexacom is expected to benefit significantly from the demand for additional infrastructure to support the rollout of 4G services by various telecom operators.

Meanwhile, Citi Research, the research arm of Citigroup Inc., has issued a report highlighting the geopolitical risks that could impact global markets in the coming months. According to the report, the ongoing tensions between the United States and China, as well as the situation in Ukraine and the Middle East, could lead to increased volatility in financial markets.

The report notes that the trade tensions between the US and China have escalated in recent months, with both sides imposing tariffs on each other's exports. This has led to increased uncertainty and volatility in global markets, particularly in the technology sector, which is heavily reliant on trade between the two countries.

Furthermore, the situation in Ukraine and the Middle East continues to be a source of concern for investors. The ongoing conflict in eastern Ukraine has led to increased tensions between Russia and the West, while the situation in the Middle East, particularly in Syria and Iraq, remains volatile. These geopolitical risks could lead to increased volatility in oil prices and other commodities, as well as currencies and equity markets.

It is important to note that while these reports provide valuable insights into the current market environment, they should not be considered as investment advice. Investors are encouraged to consult with their financial advisors before making any investment decisions based on this information.