Weekly Fundamental Podcast With R...
Weekly Fundamental Podcast With Rini Mehta | 5th June 2023

Kotak Market Mantra by Kotak Securities

Episode notes
Highlights of 5th June Fundamental Weekly Podcast: - Indian benchmark equity indices (BSE 30 and Nifty 50) posted flat gains. - BSE Midcap and BSE Smallcap index was up by 1.8% and 2.4, respectively. - India's Q4FY23 GDP growth improved to 6.1% and surprised on the upside. - Domestic market participants to keep an eye on upcoming RBI policy meet and monsoon progress. - Fll continues to be a net buyer in the month of May'23 to the tune of Rs. 27,856 crores. - PICK OF THE WEEK – Reliance TARGET - Rs 2,800 - RIL's 4QFY23 consolidated EBITDA (+9% QoQ) was 5% ahead of our estimates. - Digital services fared well (3% EBITDA beat, but R-Jio was in line), while Retail/E&P (1%/4% miss) were marginally below. - Capex further rose to Rs 444 bn in 4Q (versus Rs 376 bn in 3Q).  ... 
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technicalweeklyupdatesweeklypodcastspickoftheweek