CLSA recommends Reliance Industries with a target price of Rs 1,650. HSBC Global Research has a ‘buy’ on Bharti Airtel with Rs 1,940 target. Goldman Sachs maintains ‘buy’ on ITC at Rs 500 target. Motilal Oswal backs Kalyan Jewellers at Rs 875 target. Emkay Global endorses Tata Motors with Rs 950 target.