The Nifty 50 rose 148.95 points, or 0.7%, to close at 22,146.65. Sensex rose 335.39 points, or 0.46%, to end at 73,097.28. Leading Adani Group stocks – Adani Enterprises and Adani Ports – jumped 6.2% and 4.8%, respectively, underpinning the Nifty’s gains after the Wednesday rout.
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