Page 2 - Dixon Tech News Today

Canara Bank is likely to lead the most flows, bringing around $228 million, followed by Voltas at $174 million, JM Financial has said

In todays trade, shares of JSW Energy, Dixon Tech, ZEE, PC Jeweller, Shriram Properties among others will be in focus due to various news developments.

Stocks to watch: Shares of firms like HCL Tech, ZEEL, Ultratech, JSW Energy, Dixon Tech, Nalco, and others will be in focus on Wednesday's trade.

BSE was the top gainer in the Nifty500 index, soaring 521 percent, followed by IRFC and Suzlon Energy, which skyrocketed 462 percent and 444 percent, respectively.

Whirlpool CEO Marc Bitzer has said the has no plans to exit India. They decided to sell a 24 percent stake in Whirlpool India as its valuations were at an earnings multiple of 50 times, the CEO has said

Valuation concern persists. Hedging bets with strong earnings growth. Risk-reward opportunities in banking, pharma, tech. EMS sector, Dixon Tech, Amber Enterprises, Kaynes Technology, Syrmavery have growth potential. Linear growth in pharma midcap names, PB Fintech, Paytm, and insurance tech market show promise. Fair valuation and growth rate must be assessed.

Chinas leading mobile phone manufacturer, BBK Group, is set to commence production of Oppo, Vivo, and Realme smartphones in collaboration with Indian firms Dixon Technologies and Karbonn Group, as per informed sources. This move is partly driven by government pressure to engage local partners and leverage the production-linked incentive (PLI) scheme for phone manufacturing

Amount from share sales at ₹39,163 crore, 31% higher than a year earlier

News agency Reuters reports that a January 3 letter and a confidential presentation drafted by Indian Deputy IT Minister Rajeev Chandrasekhar and sent to Finance Minister Nirmala Sitharaman show the extent of his ministry's concerns about the country losing out to China, Vietnam, Thailand, and Mexico due to the uncompetitive tariffs.

"The market probably looked at global clues and fell yesterday. The Interim Budget was way beyond expectations of the market on fiscal consolidation. It still delivered inclusive growth and infrastructure investment. Net-net this is citizens pride and peers envy vote-on-account," said Dalal Street veteran Nilesh Shah of Kotak Mutual Fund.