Weekly Outlook: Sun Pharma among Top Stock Picks. FII Net Seller Highlights of 6th November Fundamental Weekly Podcast- Both Nifty and Sensex declined ~1.2% following the trend in global equity markets in the aftermath of a dovish FOMC meeting.- Nifty Midcap Index gained 2.3% and the Nifty Smallcap Index gained 2.5%.- On the economy front, GST collections for September (collected in October) were 13.4% YoY higher at Rs1.72 lakh crore (August: Rs1.63 lakh crore).- Flls continue to be a net cash seller to the tune of Rs.3052 crores, to date in Nov'23.- PICK OF THE WEEK – Sun Pharma - TARGET - Rs 1280- SUNP posted a fine 2QFY24.- Despite baking in a further increase in R&D spends, we expect SUNP to report a healthy 190 bps EBITDA margin expansion over FY2023-26E, led by higher profitability in specialty and better domestic productivity. - ...