Weekly Fundamental Podcast by Rini Mehta | 11th Dec 2023

Highlights of 11th December Fundamental Weekly Podcast:- Nifty and Sensex gained ~3%.- BSE Power and the BSE Oil & Gas index posted strong returns followed by BSE Energy, BSE Capital Goods and BSE Bankex Index.- The RBI MPC, as expected, voted unanimously to hold the repo rate at 6.5%.- October GST collections were 15.1% YoY higher at Rs1.68 lakh crore.- Flls continue to be a net cash buyer to the tune of Rs. 7,242.42 crores, to date in Dec'23.- PICK OF THE WEEK – Sula - TARGET - Rs 530- Sula delivered revenue growth of 11.8% YoY, led by 3%/12% volume/value growth in the sale of its own brands. - The hospitality business grew 26% YoY- Elite/premium wine performance continues to be robust, with 13%/15% volume/value growth, taking its share to 73.5% (up 190 bps YoY).#KotakSecurities #FundamentalPodcast #WeeklyInsights #MarketInsights #Equity #PickOfTheWeek #Sula #StockMarkets #Trading #Investing