Yes Bank shares extended gains for a fourth straight session, rising as much as 6.5%. Technical indicators and improving sentiment supported momentum. Analysts highlighted a key resistance near Rs 26, aligned with long-term moving averages, while fundamentals strengthened through a partnership with Northern Arc Capital and improved quarterly earnings performance.
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