Weekly Fundamental Podcast With Rini Mehta | 3rd July 2023

Highlights of 2nd July Fundamental Weekly Podcast- Both Nifty and Sensex gained around 2.4%.- BSE Midcap Index gained around 2.6% while BSE SmallCap Index lost 6.4%.- Flls continue to be a net buyer to the tune of Rs. 27250 crores, to date in June'23.- Macro sentiments remained volatile as frailties in European and US banks were under focus.- PICK OF THE WEEK – MFSL TARGET - Rs 1060- Max Life remains comfortable on delivering mid-teen (ex-one off) APE growth in FY2024E, with a stable counter share at Axis Bank and higher growth in other channels. - While the share of non-par from a high base of 48% of APE will likely decline, annuities and terms will be drivers.Your weekly market outlook is here. Tune in to form your trading strategy.