As FIIs Make a Comeback, Will the Financial Services Sector Shine Again?

With FIIs turning net buyers in the Indian market for the first time this year, the financial services sector is showing promising potential. In the week leading up to March 21, FIIs were net buyers. While there's no foolproof method to predict their exact picks, the behavior of certain financial services stocks, especially some lenders, suggests that this sector is likely catching their attention. Whether it's a large private bank attempting to break a five-year stagnation or a private lender recently hitting a 52-week high, there’s clearly a reason behind this movement in the market. In fact, there are nine stocks in the sector with upside potential ranging from 9% to 42%.