Weekly Fundamental Podcast With Rini Mehta | 7th Nov 2022

Highlights of 7th November '22 Fundamental Weekly Podcast - Nifty and Sensex gained between 1.6% to 1.9% in the past week. - Major emerging markets witnessed a sharp rally on the softening of global bond yields and DXY. - Q2FY23 earnings reports continue to be below expectations. - FII turned net buyer to the tune of Rs. 6160.11 cr, in the month till date in Nov’22. - FIIs flows are expected to remain volatile in the near term given the headwinds in terms of monetary tightening, geo-political concerns, etc. - PICK OF THE WEEK – Aditya Birla Fashion. TARGET - Rs 380. ABFRL reported in-line revenue growth of 50% year-on-year on the back of network expansion, scaling-up of new categories, and festive/EOSS/e-com sales.