Weekly Fundamental Podcast by Rini Mehta | 30th Oct 2023
Kotak Market Mantra di Kotak Securities
Note sull'episodio
Highlights of 30th October Fundamental Weekly Podcast:- Both Nifty and Sensex declined ~2.5%- The sell-off was more intense in smaller companies, with Nifty Midcap Index declining 3% and BSE Smallcap Index declining 2%- FIIs continue to be a net cash seller to the tune of Rs.25,098.6 crores, to date in Oct’23.- PICK OF THE WEEK – TCS - TARGET - Rs 3760- TCS reported weak qoq growth of 0.1% in c/c, a tad lower than expectations. - The near-term outlook is weak and disappointing but does not dent hopes for a better FY2025.- We broadly maintain EPS estimates and cut revenue growth assumption (ex of BSNL deal).#KotakSecurities #Podcast #MarketUpdates #StockMarket #Stocks #weeklyfundamentalinsights