Highlights of 13th March Fundamental Weekly Podcast: -

Nifty Index lost 1.03% while Sensex lost around 1.10%.

- BSE Midcap Index lost 0.09% while BSE SmallCap Index gained 0.44%.

- Global markets' sentiments were impacted after Fed Chairman Powell’s said that the Fed may have to raise interest rates higher than previously anticipated.

- The persistently strong jobs market and hotter-than-expected January inflation data changed the outlook for the Fed.

- The futures market is pricing an end point for Fed rate hikes near 5.75%, against the current target range of 4.50%-4.75%.

- FII turns net buyer in the month of Mar’23 till date to the tune of Rs 14,361 cr.

- PICK OF THE WEEK

– GSPL TARGET - Rs 375 - GSPL’s 3QFY23 EBITDA (-19% qoq, -20% yoy) was 15% below our estimates driven by further weak  ...