Highlights of 26th December '22 Fundamental Weekly Podcast:

- Sensex 30 and Nifty 50 indices corrected ~2%.

- BSE midcap and NSE smallcap indices was much sharper.

- Most the sectors reported negative returns due to broader weakness in the markets.

- Equity markets witnessed a large increase in volatility as worries emanated from the reported increase in Covid cases in China, while strong US GDP data added belief regarding ‘higher for longer’ interest rates.

- FII continues to be net seller to the tune of Rs 8469 cr, till date in Dec’22.

- FPI flows till date in the month of Dec’22 were negative for all emerging markets, except for India.

- PICK OF THE WEEK – IRB INFRA - TARGET - Rs 340 - Improving toll collections - Traffic levels across key stretches of IRB are holding up quite well

- Debt ...