The stock, with a market capitalization of more than Rs 3.9 lakh crore, has been trading in a range where levels closer to Rs 770 acted as a stiff resistance while Rs 640 on the downside acted as crucial support.
Largecaps look better as smallcaps price in strong growth: Franklin Templeton’s Arihant Jain
Largecap stocks offer a better risk-reward balance than mid- and small-caps as higher growth expectations are already priced into smaller companies, according to Arihant Jain