The Economic Times

FIIs pull out 6,200 crore from financials but CIOs say banks could be Indias next big largecap trade

Recent trends show foreign investors exiting financial services, leading to notable outflows. In contrast, mutual fund chief investment officers highlight banking as a promising large-cap opportunity, citing appealing valuations and robust fundamentals. Although foreign selling is widespread, sectors like healthcare and construction are attracting investments. Experts confidently assert that the current undervaluation of banking creates a strong case for investment.