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The Week on Dalal Street: Weekly wrap of market trends, stock moves & what to look out for!

In this edition of The Week on Dalal Street, CNBC Awaaz's Anuj Singhal shares his views on Q3 FY23 earnings, metal stocks, capital gains tax and what's holding bulls and bears ahead of the upcoming Union Budget 2023.

January 21, 2023 / 02:35 PM IST

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Singhal says that bulls are biding time till the Union Budget is out of the way. Also, it is a good thing that the market is headed into the Budget without high expectations.

On individual stocks, he says HUL could lose points on corporate governance despite a strong set of operating numbers for the latest quarter, because of the royalty issue. He says that HDFC Bank may be well poised to regain its leadership position as the market is now willing to look beyond the near term headwinds from the merger of HDFC with itself.
Other stocks and sectors discussed in the podcast include Asian Paints, Avenue Supermarts, IndusInd Bank, Hindustan Zinc and steel.