Highlights of 17th April Fundamental Weekly Podcast:- Indian markets closed with gains of 1.30% over the previous weekly closing. - Realty, Auto and Bank sectors did better with specific buying witnessed in Pharma and healthcare stocks.- FII continues to be a net buyer to the tune of Rs. 4959 crores, till date on 13th April’23. - The US Fed minutes gave the indication of a hike by 25 bps in the coming policy meeting.- The dollar index is trading below the level of 102 and the 10-year bond yield is at 3.52.- PICK OF THE WEEK – CUMMINS INDIA TARGET - Rs 1810- Our assessment and recent management commentary suggest limited margin/business risks to KKC from the competition, parent (royalty), and exports. - One transitory risk in the making is China reopening, more from the secondary impact (stress on supply chain) than primary (supply).#KotakSecuritie ...