Weekly Fundamental Podcast With Rini Mehta | 13th Feb 2023

Highlights of 13th February Fundamental Weekly Podcast: - The benchmark BSE-30 and Nifty-50 was almost flat - BSE Midcap and BSE Smallcap index saw positive gains - Q3FY23 earnings of Nifty-50 stocks reported so far have been broadly on expected lines - RBI monetary policy committee raised repo rate by 25 bps and remained concerned about core inflation - International oil prices rose this week with Brent Crude now trading close to ~$86-87 per barrel. - FII continues to be net seller to the tune of Rs. 5414 crore, till date in Feb’23. - PICK OF THE WEEK – PB FINTECH TARGET - Rs 700 - PB Fintech (Policybazaar) continued its high growth trajectory, with 69% yoy growth in premium, along with an increase in profitability of the core business and lower losses in its new initiatives - Focus remains on improving profitability, while the digital engine is running smoothly