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Podcast: Kotak Market Mantra
Episode: Weekly Fundamental Podcast With Rini Mehta | 13th March 2023
Description: Highlights of 13th March Fundamental Weekly Podcast: - Nifty Index lost 1.03% while Sensex lost around 1.10%. - BSE Midcap Index lost 0.09% while BSE SmallCap Index gained 0.44%. - Global markets' sentiments were impacted after Fed Chairman Powell’s said that the Fed may have to raise interest rates higher than previously anticipated. - The persistently strong jobs market and hotter-than-expected January inflation data changed the outlook for the Fed. - The futures market is pricing an end point for Fed rate hikes near 5.75%, against the current target range of 4.50%-4.75%. ...