Search+Investment IdeasBrokerages stay bullish on telecom, aviation and banking largecaps despite near-term uncertainties.SynopsisBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiated coverage on Bharti Airtel, Bharti Hexacom and Indus Towers, citing rising data consumption, improving ARPU and stronger cash flows. Goldman Sachs retained a bullish view on InterGlobe Aviation, expecting resilient yields and international expansion to support earnings, while JM Financial maintained a Buy on SBI, backed by its retail franchise and stable medium-term return profile.Brokerages remained constructive on select largecap stocks across the telecom, aviation and banking sectors, highlighting strong long-term growth prospects despite near-term macroeconomic uncertainties.Elara Capital initiated coverage on Bharti Airtel, Bharti Hexacom and Indus Towers with positive ratings, citing rising data consumption, improving ARPU trends and robust free cash flow generation.Goldman Sachs reiterated its bullish stance on BYETMarkets.com 6 mins readJun 09, 2026, 09:11:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership