A sharp correction in small-cap stocks is affecting the broader Indian market. The index of small-cap stocks has lost over $80 billion in market value. The MSCI India Index is lagging behind Asia Pacific index. The regulator expressed concern about price manipulation in new listings.
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