Weekly outlook: United Spirits Among Top Picks, FPI Flows To Remain Volatile

Highlights of 6 June ’22 Fundamental Weekly Podcast

- Domestic markets have remained erratic in the past week with Sensex ginning 2.24% and Nifty50 gaining 1.95%.

- On the economy front, (1) Q4FY22 real GDP growth slowed to 4.1% (Q3FY22: 5.4%).

- The RBI has projected Q1FY23 inflation at 6.3% which is clearly now subject to modification in the upcoming June MPC meet.

- Major central banks, including the Fed, signals cumulative rate hikes of about 2%-2.5%.

- In US, investors will be looking ahead to the release of U.S. jobs data for May expected today.

- FII flows continue to remain net sellers in the month of June till date to the tune of Rs. 2,382 crore. FPI flows to remain volatile in the emerging markets.

- Weekly pi ...