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The NSE Nifty index was trading 94.0 points up at 18695.5
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The NSE Nifty index was trading 94.0 points up at 18695.5
In the March quarter of FY23, most midcap companies witnessed significant margin expansion sequentially as high-cost raw material inventory was liquidated and commodity prices softened. Read on find Jefferies' picks
Shares of Dixon Technologies rose 5.04 per cent to hit a high of Rs 3,867.90 on BSE. The Indian EMS industry is well-positioned to unlock its true potential in the coming years, Dixon said.
Amid a rangebound trade in Indian equities, experts name Mphasis, Sun Pharma, UGRO Capital, Dixon Tech and Hindustan Aeronautics as top technical picks
Jefferies sees an earnings revival in mid-cap firms in financial year 2024 as commodity prices turn favourable and also expects the operating margins of midcaps to rise around 90 bps YoY.