Abhay Agarwal says: “As fund managers look for newer stories, newer opportunities, financial services, unless there is a very high growth stock, there is very little appetite to add now, right now. Where the action is still emerging in the financial space is in slightly smaller players, players that are focused on microfinance or smaller banks.”
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months