Weekly Fundamental Podcast With Rini Mehta | 27th Feb 2023

Highlights of 27th February Fundamental Weekly Podcast:- Nifty-50 and BSE Sensex fell ~2.5%.- Indian markets saw broad based correction with decline in major key indices.- BSE Midcap and the BSE Smallcap index declined between 1.5-2%. - BSE Realty, BSE Commodities and BSE Power index witnessed fall in excess of 3%.- The US 10-year treasury yield has inched up to 3.9%.- FII continues to be net seller to the tune of Rs. 3038 crore, till date in Feb’23. - PICK OF THE WEEK – PI INDS TARGET - Rs 3550- PI managed to offset somewhat lower-than-expected revenues in 3QFY23, with significantly improved margins, which drove another solid quarter of earnings. - The strong growth outlook for pyroxasulfone is a key nearterm tailwind.Disclaimer: https://bit.ly/DisclaimerKSLResearch