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New airports, hundreds of aircraft and millions of new passengers are on their way | Asia

The stock of Dixon Technologies (India), the country's largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per cent. The gains came following reports that Dixon will produce laptops in India in partnership with US and Chinese firms under the production-linked investment (PLI) scheme. It recently signed an agreement to make smartphones for Xiaomi India.

Big investors have been consistently saying that they are moving their money out of frothy midcaps and smallcaps and shifting to largecaps

Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.

Adani Enterprises jumped nearly 17 per cent to settle at ₹1,879.35 on the BSE on Friday after US boutique investment firm GQG Partners' 15,446 investment in group stocks