Stocks and bonds of Adani companies fell on Monday amid news reports that US prosecutors have widened their probe to investigate whether an Adani company, or people linked to it, including group chairman Gautam Adani, were involved in a pay off to officials in India for “favourable treatment on an energy project”.
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