Foreign funds lower stake in BFSI sector as stocks underperform

The BSE Bankex gained 9.5% in the past one year compared to a 15.8% rally in the Sensex. The underperformance of banks has been on account of a lack of growth and rich valuations, especially retail lenders.

from Stocks-Markets-Economic Times https://ift.tt/WEgHqL2
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