Dixon Technologies shares: UBS upgraded the stock to a ‘Buy’ with a ₹23,000 target, implying ~27% upside. UBS highlighted Dixon’s expansion into non-semiconductor smartphone components, expecting EBITDA margins to rise 110 bps by FY28, outperforming consensus estimates.
Global Market Today: Asian stocks waver as oil gains fuel inflation, rate concerns
Government bonds in Japan, Australia and New Zealand retreated, following declines in Treasuries during the New York session. Weak demand at a $70 billion sale