FIIs sell ₹41,000 cr in HDFC Bank, shift to public sector
pre-market1 source ↓written by the desknot a recommendation
Foreign Institutional Investors (FIIs) sold ₹41,000 cr worth of shares in HDFC Bank, leading to significant outflows and a decline in its stock price. Conversely, they increased their stake in a major public sector bank, indicating a shift in investment strategy amid broader sector challenges. This rotation reflects changing investor preferences in India's banking sector.
Not investment advice. For informational purposes only.