Benchmark indices saw significant gains on Monday, boosted by banking, financial, and power stocks. 📌Tata Technologies remains in a downtrend, 📌Paytm shows signs of weakening, and 📌Dixon Technologies continues to maintain a robust primary uptrend. Analysts offer cautious investment recommendations for the upcoming trading sessions.
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Open FlipBrokerage firm Jefferies has reiterated its "underperform" recommendation on electronic devices manufacturer Dixon Technologies Ltd. after it reported its December quarter results after market hours on Monday, January 20. Jefferies' "underperform" rating comes with a price target of ₹12,600, which implies a potential downside of 28% from Monday's closing levels.
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