Tech View: Dalal Street's top wealth creators of 2020 show further upside

The stock of Dixon Technologies has tripled during the current calendar year from the levels of Rs 3,800 to around Rs 12,535

A trinity of low interest rates, flush of liquidity, and cheap valuation drove investors towards equities in the calendar year 2020. While large-cap stocks drove the indices, investors saw a broad-based revivial in the markets with the mid- and small-cap stocks outperforming their large-cap counterparts.

Going forward, analysts believe the calendar year 2021 (CY21) would well turn out to be the year of mid-and small-caps, and expect these two indices on the BSE to hit a fresh high after a gap of nearly two years. Though they caution against the intermittent market correction, the broad trend, they believe, remains up. 

Among the