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Financial Stocks' Woes Continue In 2025 As Global Funds Shun With $2.8 Billion Selloff
Banks look attractive from a valuation standpoint while improving demand commentary is a key positive for the technology sector, Jefferies said.
07 Feb 2025, 08:26 AM IST 
After seeing a volatile year, financial stocks saw the worst selling by foreign institutional investors. (Photo: Vijay Sartape /Source: NDTV Profit)
India's financial stocks kicked off this year with heavy selloffs following a meek 2024 as global funds pulled out $2.8 billion in January despite being the cheapest among sectors. After seeing a volatile year, financial stocks saw the worst selling by foreign institutional investors. In January this year, these funds offloaded $2.88 billion in financial stocks followed by a $747 million selloff in information technology. The selling...
