Street split between short covering and long buildup; cautious optimism ahead of June 4
Shorts are still holding on to positions in names like RIL and TCS, said experts, which is dragging the index lower.
Stay updated with breaking news from Dixon Technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shorts are still holding on to positions in names like RIL and TCS, said experts, which is dragging the index lower.
The stock on NSE gained 9.84 per cent or Rs 168 per share and reached an intraday high of Rs 8,272 apiece around 10:06 am., Markets News - Times Now
Motilal Oswal suggests Bharti Airtel, Dixon Technology and Hindustan Copper to buy this week.
Valuations are expensive and its target price already factors in the Dixon's electronics manufacturing services segment (EMS), components and exports, the brokerage has said in a note
Sanjiv Bhasin believes consumer names like Dixon, Havells, and Asian Paints will outperform. He recommends buying Havells and mentions the strong performance of Dixon Technology. Bhasin discusses the dissociation of Vijay Shekhar Sharma from Paytm Payments Bank and the potential of Vodafone and Indus Towers in the telecom sector. He suggests investing in private banks like ICICI, Axis, and Kotak.