Highlights of 30th January '23 Fundamental Weekly Podcast

- Q3FY22 earnings season has failed to enthuse the markets

- The fall in BSE Smallcap and the BSE Midcap indices saw sharper correction vis-à-vis key benchmark indices like Sensex 30 and Nifty 50

- US economy grew by 2.9% in the fourth quarter

- FII continues to be net seller to the tune of Rs. 29,232 crore, till date in Jan’23

- PICK OF THE WEEK – UNITED SPIRITS - TARGET - Rs 925 - UNSP reported 3%/12% yoy growth in P&A volume/value (3.7%/10% 3-yr CAG)

- Concerns are overdone, and the sharp correction in the stock price is an opportunity to ADD