Weekly Fundamental Insights With Rini Mehta | 4th July 2022
Kotak Market Mantra di Kotak Securities
Note sull'episodio
Join Rini Mehta to get a fundamental perspective on the trading week.
Highlights of 4th July ’22 Fundamental Weekly Podcast
- Equities continued last week’s recovery trend with Nifty losing 0.3%, while the BSE Sensex lost 0.21%.
- The rupee fell to all time low against the U.S. dollar to 79.11, as persistent foreign fund outflows weighed on investor sentiments.
- The US Gross domestic product unexpectedly declined at a 1.4% annualized pace in the first quarter.
- In June’22, FIIs remained net sellers to the tune of Rs. 58,112 crore.
- We expect FPI flows to remain volatile in the emerging markets.
- Weekly pick: SBI Life - The company’s APE (annualized premium equivalent) growth will likely remain robust at 18% CAGR over FY22-24E.
- Other picks: Mangalore Refinery & Petrochemicals - Any meaningf ...