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FIIs withdraw Rs 46,000 crore from financial stocks in 2024. Is RBI the deal-breaker?
After offloading financials worth over Rs 30,000 crore in January, nearly Rs 10,000 crore in February, FIIs were net buyers in the sector in March before pressing the sell button once again in April. Last month's selling was worth around Rs 9,300 crore.