Jio Financial Services, Bharti Airtel, HCL Technologies, Bajaj Auto, Eicher Motors, UltraTech Cement and Bajaj Finance were among major gainers on NSE during Tuesday's trading session. NSE Nifty closed slightly positive at 25,108, marking second day of closing above psychological level of 25,000. Overall market sentiment is positive but markets would largely depend on mood in the international markets. TopNews Team has reviewed technical levels for buzzing stocks for short term investors and traders.

Jio Financial Services: Building Momentum Amid High Valuation

Jio Financial Services (JFS) continues to display notable technical firmness, igniting market optimism about potential near-term upside. On October 7, 2025, the stock experienced two pivotal bullish crossovers—one in the 20-day exponential moving average (EMA) and another in the daily MACD, both historically correlated with subsequent price gains averaging 3.21% in a week and 4.18% over 10 days, respectively.

The stock advanced 1.20% to Rs 309.90, up from Rs 306.25 previously, as investors responded positively to these trend confirmations. With a 52-week range from Rs 198.65 to Rs 349.70, JFS presently commands a market capitalization of Rs 1.97 lakh crore (approximately $24 billion) and a price-to-earnings (P/E) multiple of about 121, underscoring its classification among high-growth, high-valuation NBFCs.

From a structural standpoint, JFS has maintained commendable cost efficiency. Employee expenses remain modest, while interest outgo accounts for less than 1% of revenues, illustrating prudent capital deployment. Despite low intraday price volatility over the last two years, recent volume upticks indicate a strengthening undercurrent of investor participation—a signal that aligns with the emerging bullish narrative.

Market analysts interpret these converging trends as supportive of a continued uptrend, contingent on broader liquidity flows and sustained investor confidence in India’s fast-expanding fintech services ecosystem.

Eicher Motors: Navigating Short-Term Softness, Long-Term Strength

Eicher Motors portrays a classic case of strong fundamentals counterbalanced by near-term caution. As of early October 2025, the share traded near Rs 6,874, down by 0.96% on October 6, yet still delivering a 42.45% year-to-date return and an impressive 213% gain over five years—a performance that underscores long-term shareholder confidence.

However, the company’s June 2025 quarter brought declines in both revenue and profit, prompting analysts to adopt a “Hold” rating, mainly due to cash flow and reliance on non-operating income. Despite these concerns, technical indicators—specifically the weekly MACD and On-Balance Volume (OBV)—turned bullish by October 3, suggesting potential recovery traction. The monthly RSI, however, signals moderation and possible overextension.

The brand’s operational backbone remains solid. Royal Enfield, Eicher’s flagship motorcycle division, achieved record festive-season sales of 124,328 units in September 2025, marking sustained consumer demand. Still, analysts from MarketsMojo and other research houses urge vigilance on margin resilience and cash liquidity metrics, recognizing that these will determine whether the current valuation premium holds through future cycles.

Overall, Eicher Motors stands as a company defined by its paradox—short-term operational tightness amid enduring brand strength and investor trust.

Bharti Airtel: Balancing Growth and Valuation Premiums

Bharti Airtel, a bellwether of India’s telecom sector, continues to juggle between resilient fundamentals and investor caution surrounding stretched valuations. On October 6, 2025, its shares closed around Rs 1,897, pushing its market capitalization past Rs 11.5 lakh crore.

The options market displayed notable activity—over 12,499 call contracts traded at a Rs 1,940 strike, pointing to moderate bullish expectations before the October 28 expiry. In the cash segment, after three consecutive sessions of gains totaling 3.61%, the stock slightly underperformed its sector by 0.52%, suggesting rotation among institutional investors.

From a technical vantage, Airtel trades above all key moving averages (5-day through 200-day), reinforcing near-term bullish continuity. Yet, the 50.38% decline in delivery volume compared to its five-day average implies fading conviction among retail holders. Analysts weigh this alongside its P/E of 31.5 (TTM) and a substantial 146% premium to median intrinsic value, which together mark Airtel as potentially overvalued in current conditions.

Nonetheless, Airtel’s operational scale remains formidable. Trailing twelve-month revenues of Rs 183,941 crore and a book value of Rs 113,390 crore (as of March 2025) anchor its position amid evolving competitive pressures from Reliance Jio and Vodafone Idea. With continued capital expenditure on 5G rollout and digital infrastructure, investors are advised to monitor regulatory developments and spectrum-related outlays that could influence long-term margin trajectories.

Analyst Perspectives and Market Sentiments

Market strategists view these three equities as emblematic of India’s heterogeneous growth environment in late 2025: a blend of high-growth fintech optimism, cyclical industrial resilience, and telecom consolidation.

Jio Financial Services: Technical analysts see the recent crossovers as buy signals consistent with historical short-term gains. However, detailed fundamental coverage remains emerging due to the company’s nascent NBFC presence.

Eicher Motors: Analysts maintain a “Hold” stance, balancing strong brand demand against profit compression. The improving technical trend contrasts with fundamental caution, making the upcoming quarterly results pivotal for valuation recalibration.

Bharti Airtel: Analysts from Smart Investing and peer institutions recognize sustained market leadership but highlight the premium valuation and subdued delivery strength. Option activity indicates moderate optimism, albeit tempered by valuation discipline.

Collectively, these views reflect a market prioritizing selectivity—rewarding momentum, yet sensitive to liquidity, valuation, and operational stability factors.

Strategic Takeaways for Investors

For institutional and retail investors alike, the emerging opportunity lies in balancing momentum with value recognition.

Jio Financial Services offers near-term growth potential but at steep valuation risk.

Eicher Motors provides long-term stability contingent on financial improvement and operational prudence.

Bharti Airtel demands valuation caution while staying positioned for digital infrastructure expansion benefits.