Weekly Outlook: FPI flows to remain volatile, Zee Entertainment among top picks

Highlights of 10th January '22

Fundamental weekly podcast

- Domestic markets moved higher as the severity of Omicron variant seems to be low.

- BSE 30 and NSE 50 index inched up by 2.6% each during the week.

- FII have been net buyers so far this month to the tune of Rs 1,082 crore.

- FPI flows likely to remain volatile

- 10 year US treasury yield moved higher during the week.

- Weekly Pick: Zee Entertainment - Zee and Sony have signed definitive agreements to merge. The mergeCo would become India's #1 entertainment broadcast network with 28-30% market share.

APN

Zee Entertainment among the top stock picks

FII net buyers in Indian equities in January'22