Highlights of 14th November '22 Fundamental Weekly Podcast

- Global markets witnessed a rally, as the US CPI print softened and possibly enhancing hopes of some moderation in future rate hikes by the Central Banks.

- Sensex and Nifty saw positive returns whereas the BSE Midcap and the BSE Smallcap index witnessed marginal decline.

- Q2FY23 earnings performance has been ahead of expectations. - FII turned net buyer to the tune of Rs 12490 cr, in the month till date in Nov’22.

- PICK OF THE WEEK – Muthoot Finance TARGET

- Rs 1250. Muthoot Finance reported almost flat NII, with a marginal inch up in yields and qoq loan growth.

Expect the benefit of the gold loan rates rise, gold price appreciation and branch expansion.