Shares of Bharti Airtel and Bharti Hexacom surged following multiple upgrades from brokerage firm Jefferies. Jefferies raised the target price for Bharti Airtel to ₹1,970 per share, citing expected tariff hikes and increased revenue and EBITDA estimates for FY26/27 by 5-9%. Bharti Hexacom shares jumped 10% after being upgraded to 'buy' again by Jefferies. Meanwhile, jewellery stocks also experienced significant gains. Motisons Jewellers shares rose 8% to hit an all-time high, while a LIC-backed jewellery stock saw a 142% increase in three months. Citi Research maintained a 'buy' rating on Kalyan Jewellers, increasing the target price to Rs 770, and noted better demand trends due to a custom duty cut. PC Jeweller shares hit a 5% upper circuit and were up 156% in 90 days. Another jewellery stock rose 20% in 5 sessions.