Sneha Seth from Angel One suggests a positive outlook for Nifty and Bank Nifty, advising long positions with a Nifty stop loss at 24,500. PSU banks are performing well, with potential consolidation. Seth recommends buying Federal Bank, targeting 214 with a stop loss at 202, and UPL, targeting 657 with a stop loss at 621.
FPI exodus in four months of 2026 surpasses all of last year
Foreign investors have sold Indian stocks worth over ₹1.8 lakh crore in 2026. This outflow exceeds 2025’s total. A weak rupee, high oil prices, and