Weekly Fundamental Insights With Rini Mehta | 20th June 2022
Kotak Market Mantra di Kotak Securities
Note sull'episodio
Join Rini Mehta to get a fundamental perspective on the trading week.
Highlights of 20 June ’22 Fundamental Weekly Podcast
- The domestic markets remained sluggish throughout the week with Nifty50 losing 7% over the past week.
- Markets reacted to increased risks of a global recession as the US Fed raised interest rates elevated inflation.
- Headline CPI inflation in May dropped to 7.04% compared to 7.79% in April.
- The Swiss National Bank surprised markets with its first rate hike for 15 years, while the Bank of England implemented its fifth consecutive hike.
- FII flows continue to remain net sellers in the month of June till date to the tune of Rs. 42,088 crore. FPI flows to remain volatile in the emerging markets.
- Weekly pick: Oil India Limited - The company’s 4QFY22 results were above our estimate ...