Weekly Fundamental Podcast by Rini Mehta | 9th Oct 2023

Highlights of 9th October Fundamental Weekly Podcast- Both Nifty and Sensex were flat to marginal positive whereas Nifty Midcap Index lost around 0.7% and BSE SmallCap Index gained around 0.6%.- Indian equity markets remained concerned about slowdown, higher interest rates and valuation.- FIIs continue to be a net cash seller to the tune of Rs. 8,413 crores, to date in Oct’23.- PICK OF THE WEEK – Indigo - TARGET - Rs 3400-International is where the battle is being fought An assessment of 1QFY24 versus the Pre-Covid 1QFY20 quarter reflects the extent to which international is reflecting in the business and strategy of Indian carriers- IndiGo has made meaningful market share gains in international and is strategically well-placed to make incremental gains.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #Indigo