FIIs just sucked out Rs 26,000 crore from banks and financial stocks. More pain on the way? – The Economic Times

Foreign Institutional Investors (FIIs) have withdrawn a massive Rs 26,000 crore from banks and financial stocks recently. This has raised concerns about the future of these sectors as more outflows could be on the horizon. The sudden withdrawal of such a significant amount of money has caused distress among investors and analysts alike. The impact of this move on the overall market remains to be seen, but it has definitely raised questions about the stability of the banking and financial sectors in the coming days. Investors will be closely watching the situation to see how it unfolds and whether more pain is on the way.