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TelecomMedium impactAfter close

Jefferies lowers Bharti Airtel target price amid Jio IPO delay

after close1 source ↓written by the desknot a recommendation

₹2,250
₹2,575
from the previous
25% upside
for FY26-28
6-8%

Jefferies has cut its target price on Bharti Airtel to ₹2,250 from ₹2,575, citing a potential delay in Jio's IPO and rising macro risks. The brokerage maintains a Buy rating, noting a 25% upside from the previous close. It also trimmed India revenue and EBITDA estimates by 6-8% for FY26-28, indicating low chances of tariff hikes by June 2026 due to inflation and regulatory delays.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 12 Mar 2026, 16:03 IST.

Sourcesnews.google.com

The market after the news

BHARTIARTL closed +0.1% on the day of the news, from ₹1,801.30 to ₹1,803.40; Nifty −2.1% over the same session; futures OI −2.1%.

Bulletin at 16:03 IST on 12 Mar 2026. Every change is measured from ₹1,801.30, the last close before it, on 12 Mar. Nifty 50 is measured over the same sessions.

  • BHARTIARTL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
BHARTIARTL closes around the bulletin against the close before the news, with Nifty 50 rebased to it164517861926axis spans 17%before the news · 12 Mar1801Nifty 50BHARTIARTLbulletinD0+1+3+56 Mar18 Mar30 MarFutures open interest, lotspeak 1.4 LReference close ₹1,801.30. 16 sessions from 6 Mar to 30 Mar; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before12 Mar₹1,801.30basebase
On the day13 Mar₹1,803.40▲ +0.1%▼ −2.1%+2.2 pp difference
+1 session16 Mar₹1,788.80▼ −0.7%▼ −1.0%+0.3 pp difference
+3 sessions18 Mar₹1,855.40▲ +3.0%▲ +0.6%+2.4 pp difference
+5 sessions20 Mar₹1,846.10▲ +2.5%▼ −2.2%+4.7 pp difference
Gap at the open, % · ₹
▼ −1.1%−20.17 on 13 Mar
Day's range, % · ₹
2.2%≈ 39 high to low
Volume on the day
1.02×the 20-session average
Futures OI on the day
▼ −2.1%−2,900 lots · short covering · price +0.1%
Futures OI open, lots
1.3 L13 Mar · 30 Mar expiry
Futures premium, ₹
+0.800.0% to spot
Puts per call, by OI
0.44from 0.46 the session before
Max pain
1,880from 1,880 the session before

Source NSE UDiFF bhavcopy · BHARTIARTL on the desk →

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