ITC’s weight in S&P BSE Sensex to increase, expecting $50M inflows by Nuvama. Sensex adjusts ITC’s free float post BAT’s stake sale. Global indices MSCI, FTSE unaffected. ITC reports 6% growth in Q3 profit.
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