Highlights of 10th October '22 Fundamental Weekly Podcast

- Last week, Nifty Index gained 1.29%, following the trend of major global equity markets.

- FPI’s still remains sellers of Indian equities. Month till date, FIIs have been net sellers to the tune of Rs.36.55 cr.

- The fall in job openings in the US and lower-than-expected rate hike by the Australian Central Bank imbibed hope among investors that global rates may peak soon.

- PICK OF THE WEEK – ZOMATO BUY TARGET - Rs 90.

Zomato continues to focus on contribution margin (CM) improvement, which in the near term is likely to be driven by better revenue monetization.

Your weekly market outlook is here, with Rini Mehta. Tune in to form your trading strategy.