Nifty closed positively at 23,250, with India VIX dropping 6.7%, indicating lower volatility. Analysts see support at 23,000 and resistance at 23,340-23,500, favoring a buy-on-dips strategy amid pre-budget optimism in infrastructure and consumer stocks.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said