Gold prices surged over 1% as U.S. and Iranian officials announced a peace deal to end their conflict, halt the U.S. blockade, and reopen the Strait of Hormuz. This development eased inflation and higher interest rate concerns, pushing oil prices down and reducing the likelihood of a December U.S. rate hike.
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