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FPI stampede from financial sector stocks points to looming risks

Foreign portfolio investors are heading to the exit when it comes to stocks in the financial services sector. But there are two sources of worry for the sector that could also explain why investors have turned skittish

May 30, 2024 / 13:43 IST
FPI stampede from financial sector stocks points to looming risks

During the 2014 and 2019 elections, Nifty 50 gained in the two weeks prior to the elections and on the election verdict day, intraday gains were given back significantly. Three days after the verdict, VIX has dropped by half as the premium for event based volatility went away, said Shrivastava.

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