HDFC Bank and financials stand strong amid FII sell-off: Sandip Sabharwal

March 3, 2025

Largecap IT stocks like Infosys and TCS experienced significant sell-offs in February, driven by perceptions of a US economic slowdown. Meanwhile, HDFC Bank remains unaffected by FII selling due to expectations of earnings recovery. The pharma sector is resilient despite tariff concerns, and NBFCs may benefit from monetary easing.

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