Weekly Fundamental Insights With Rini Mehta | 2nd May 2022

Join Rini Mehta to get a fundamental perspective of stocks and markets for the week.Highlights of 2 May ’22 Fundamental Weekly Podcast- Equity markets focused on evolving growth-inflation dynamics, ongoing 4QFY22 earnings prints, and volatile global commodity prices.- BSE Sensex gained 1.31% and Nifty50 added 1.14% during the past week.- According to International Monetary Fund (IMF), India needs to strengthen its labour, land and education sector.- The Gross Domestic Product (GDP) in the US declined at a 1.4% annualized pace in the first quarter of CY22.- FII flows continue to be a net seller MTD in April to the tune of Rs. 40,652 crore.- Weekly pick: Macrotech Developers (LODHA) - The company closed FY22 with sales growth of 57% YoY, sales grew +55% YoY in 4QFY22.- Other picks: SBI Life - SBI Life reported flat Value of New Business (VNB) and surprising margin decline on a solid base and product reprising.