IDFC First Bank shares dipped as the CBI conducted searches in connection with a Rs 646 crore fraud case. A forensic review by KPMG confirmed collusion involving bank employees, government officials, and third parties. The bank has compensated the affected government departments and is cooperating with authorities.
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