Weekly Fundamental Insights With Rini Mehta | 22nd August 2022

Highlights of 22nd August ’22 Fundamental Weekly Podcast- BSE Midcap & Smallcap index outperformed the Sensex and Nifty.- India’s July 2022 CPI inflation saw moderation.- Marginal decline is being witnessed in oil prices.- Recent market rally possibly reflects increasing expectation about peaking of inflation, commodity price correction and decent earnings visibility.- Month till date, FIIs have turned net buyers to the tune of Rs 16,859 crore.- Pick of the week – MAX HEALTH. Max delivered another strong performance in 1QFY23 with key growth initiatives like ongoing bed expansion, target reduction in institutional mix and recovery in international footfalls are well on track.- Other Picks- UPL. As per the management, the demand outlook remains positive, with crop prices likely to rise on the back of drought in Europe and the U.S. Midwest, while margins could possibly improve as input costs correct in coming quarters.