Rs 13,000 crore blow in September! Why Indian financial stocks are fastest to sell for FIIs this year
A institutional flows development with market-wide reach.
· Economic Times Markets, ET Stocks
FIIs sold Rs 13,147 crore worth of financial services stocks in September, accounting for more than a third of their total equity outflow during the month. Banks and financials have remained the biggest target of foreign selling this year, with FIIs offloading Rs 1.15 lakh crore from the sector so far.
The analysis
Sustained FII or DII direction moves the whole market, not just the names being bought — it sets the tape's tone.
Market context
- Sector exposure: Banks, Financial Services.
In this story
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