Weekly Fundamental Podcast With Rini Mehta | 2nd May 2023

Highlights of 2nd May Fundamental Weekly Podcast - Sensex 30 and Nifty 50 moved higher by ~2% - BSE Midcap, BSE Smallcap and most of the sectoral indices closed with positive returns - Crude oil price corrected this week with Brent Crude trading below the $80 per barrel mark - Gujarat government announced a policy for minimum levels of dividend distribution and bonus shares for its State public sector undertakings (PSUs) including listed companies - Fll continues to be a net buyer to the tune of Rs. 5712 crores, to date in April'23 - Strong 4Q for insurance businesses, outlook mixed Bajaj's insurance business fared well in 4QFY23 with 35% - VNB growth at Bajaj Life and improvement in the combined ratio (down 100 bps yoy to 97.3%) at Bajaj General Insurance