Highlights of 15th May Fundamental Weekly Podcast: - Nifty Index gained 1.34%, while Sensex gained 1.5% - BSE Midcap and BSE SmallCap moved up with gains of around 1.62% and 1.37%. - Indian equity markets remained concerned about growth prospects, even as inflation continued its downward trajectory both globally and domestically. - Fll continues to be a net buyer to the tune of Rs. 13278.1 crores, to date in May'23. - PICK OF THE WEEK – GSPL TARGET - Rs 380 - 4Q ahead on lower cost, shareholder returns to improve. - GUJS' reported EBITDA was 7% ahead of our estimate on lower staff cost and marginally higher realized tariff. -The recent Gujarat government policy should improve shareholder returns (higher dividend yield, likely buyback) and could lead to a lower holdco discount for GUJGA stake.  ...