Weekly Fundamental Podcast With Rini Mehta | 14th Nov 2022

Highlights of 14th November '22 Fundamental Weekly Podcast - Global markets witnessed a rally, as the US CPI print softened and possibly enhancing hopes of some moderation in future rate hikes by the Central Banks. - Sensex and Nifty saw positive returns whereas the BSE Midcap and the BSE Smallcap index witnessed marginal decline. - Q2FY23 earnings performance has been ahead of expectations. - FII turned net buyer to the tune of Rs 12490 cr, in the month till date in Nov’22. - PICK OF THE WEEK – Muthoot Finance TARGET - Rs 1250. Muthoot Finance reported almost flat NII, with a marginal inch up in yields and qoq loan growth. Expect the benefit of the gold loan rates rise, gold price appreciation and branch expansion.