Ajit Mishra bullish on Airtel, BSE, TVS Motor; wary on Nifty below 22,825
Bharti Airtel flagged a risk.
· Business Standard Mkts
Ajit Mishra says that Nifty's inability to sustain above the 20-DEMA, keeps the near-term outlook cautious. Flags higher-high, higher-low pattern on Bharti Airtel for his positive stance.
The analysis
Against that, the stock is +1.2% on the day at ₹1,972.10, and has returned +1.1% over three months. It sits 9% below its 52-week high. The telecom & media sector has moved +2.4% over the same period, so Bharti Airtel is running 1.3 points behind its peers.
For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Bharti Airtel (BHARTIARTL), in Telecom & Media.
- On the day, 2 of 2 are higher: Bharti Airtel leads at +1.2% and TVS Motor trails at +0.9%.
- Over three months: Bharti Airtel +1.1% against Telecom & Media +2.4% (1.3 points behind); TVS Motor +5.0% against Auto -5.7% (10.7 points ahead).
- Trading well above normal today: TVS Motor at 2.6 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Bharti AirtelBHARTIARTL · Telecom & Media | ₹1,972.10 | +1.2% | +11.3% | +1.1% | -8.8% | 0.8× | — |
| TVS MotorTVSMOTOR · Auto | ₹4,280.00 | +0.9% | +4.6% | +5.0% | -4.2% | 2.6× | — |
Telecom & Media
1M +3.3% · 3M +2.4%
Bharti Airtel
Auto
1M -4.2% · 3M -5.7%
TVS Motor
Prices as of 29 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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