Weekly Fundamental Insights With Rini Mehta | 25th October 2022
Episode notes
Your weekly market outlook is here with Rini Mehta. Tune in to form your trading strategy.
Highlights of 25th October '22 Fundamental Weekly Podcast
- Domestic equity market saw up move on the Muhurat day of Diwali, partially supported by positive global trends.
- FIIs turn net seller month till date to the tune of Rs 8,653 crore. We expect FPI flow to remain volatile in the coming months.
- PICK OF THE WEEK – Just Dial – BUY. Target: Rs 840. The company posted revenue growth of 32% YoY in 2QFY23, driven by better-than-expected realizations and paid campaign additions. Collections were up 26% YoY suggesting continued revenue momentum.
- Company Update - SBI Life Insurance Co. Following a blockbuster 1Q and weak 2Q, we expect higher-than-industry growth to continue for the company for the rest of the year.
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