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Read more about Dixon Tech hits all time high; rises 9% in three days on Business Standard. Dixon Technologies jumped 3.19% to Rs 20,725.80, rising for the third consecutive trading session.
Stock Market News Update Today: Sensex and Nifty are set to open higher on Friday, tracking firm global cues and strong trading at Nifty futures on the Singapore Exchange
Read more about Dixon gains 5% after fixing March 19 as record date for 1:5 stock split on Business Standard. The rationale behind the stock split is to encourage wider participation of small investors and to enhance the liquidity of the equity shares at the stock market, the company said
Here are the top stocks that are likely to be in focus today: Bharti Airtel: The company will acquire 20 per cent stake in its DTH arm Bharti Telemedia from an affiliate of Warburg Pincus for about Rs 3,126 crore. Earnings Today: Ambuja Cements and four other firms are slated to announce their December quarter numbers today. Telecom equipment makers: Shares of telecom equipment makers such as Dixon Tech, ITI will be in focus after the government announced Rs 12,000-crore PLI scheme for the telecom sector. Dish TV India: The company's board approved raising funds of up to Rs 1,000 crore on Wed...
Now if the breakout sustains, the indices are primed for another leg of the rally, given FIIs continue to be bullish.