Asian markets saw a decline as technology shares faced renewed selling pressure. Tensions in the Middle East intensified following US strikes on Iran, causing crude oil prices to rise. Investors are now closely watching upcoming US inflation data for clues on potential Federal Reserve interest rate decisions.
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