Today FIIs are selling Kotak Bank..Kotak and HDFC bank both pulling bank index down.
yest i posted an interview from ET of the UBS guy. Unfortunately, FII selling isn't possible to fully absorb by domestic buyers and history shows they hit the panic button at the earliest. Ofc, i also wrote another post as to why they do that.
It appears we may retest the lows of NS again. financials are more or less there, but the other Pharma/Fmcg are holding index higher.
Apna averaging ki golia bhi kam ho rahi hain