Nifty’s short-term trend remains positive. A sharp move above the hurdle of 22,200-22,300 levels could pull the index towards new all-time highs around 22,550 levels. The index has witnessed two days of recovery following a Doji formation on the daily chart, indicating a bullish reversal
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