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Weekly outlook: L&T Among Top Picks, FII Flows Remain Net Sellers

Highlights of 30 May ’22 Fundamental Weekly Podcast

- Bears tightened their grip in the month of May with Sensex ending with gains of 0.8% and Nifty reporting a gain of 0.33% during the week.

- Indian government unveiled a number of measures to control inflation.

- Domestic markets focused on evolving growth-inflation dynamics, ongoing 4QFY22 earnings and volatile commodity prices.

- The RBI Governor Shaktikanta Das said that the Monetary Policy Committee will increase interest rates to contain inflation.

- FII flows continue to remain negative in the month of May till date to the tune of Rs. 51,847 crore.

- Weekly pick: Larsen & Toubro (L&T) - While an inflatio ...