Weekly Fundamental Insights With Rini Mehta | 30th May 2022

Join Rini Mehta to get a fundamental perspective of the week.Weekly outlook: L&T Among Top Picks, FII Flows Remain Net SellersHighlights of 30 May ’22 Fundamental Weekly Podcast- Bears tightened their grip in the month of May with Sensex ending with gains of 0.8% and Nifty reporting a gain of 0.33% during the week.- Indian government unveiled a number of measures to control inflation.- Domestic markets focused on evolving growth-inflation dynamics, ongoing 4QFY22 earnings and volatile commodity prices.- The RBI Governor Shaktikanta Das said that the Monetary Policy Committee will increase interest rates to contain inflation.- FII flows continue to remain negative in the month of May till date to the tune of Rs. 51,847 crore.- Weekly pick: Larsen & Toubro (L&T) - While an inflationary environment would limit recovery in the margin, we envisage L&T to sustain a healthy double-digit growth trajectory and cash flow generation.- Other picks: Apollo Hospitals - While another delay in Healthco fund-raise is a dampener, execution stays impressive and APHS is witnessing healthy demand tailwinds across all segments.