Get a fundamental perspective on the trading week with Rini Mehta.

- Equities continued the past week’s recovery trend on increasing hopes of ‘peaking inflation’ with both Sensex & Nifty Index gained 2.75%.

- On the economy front, GST collections for May came in at Rs 1.44 trillion.

- Manufacturing PMI declined from 54.6 in May 2022 to 53.9 in June 2022, while services PMI increased from 58.9 in May to 59.2 in June.

- FIIs continued to be a net sellers till date in the month of July’22 to the tune of Rs 4,543 crore.

- Inflation would be a key driver to watch out for in the near term.

- Weekly pick: Tech Mahindra - The company’s annual report highlights improvement in margins of certain acquired entities such as Pininfarina that were a drag in the earlier year.

- Other picks: Axis Bank - The company's  ...