The Indian rupee strengthened for the fifth consecutive session, closing at 94.33 against the dollar. This gain to a six-week high was supported by Brent crude oil prices falling below $78 per barrel and the unwinding of long dollar positions. The Reserve Bank of India intervened to absorb dollars as the rupee reached an intraday high.
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
September 6, 2026