Rs 13,000 crore blow in September! Why Indian financial stocks are fastest to sell for FIIs this year

FIIs sold Rs 13,147 crore worth of financial services stocks in September, accounting for more than a third of their total equity outflow during the month. Banks and financials have remained the biggest target of foreign selling this year, with FIIs offloading Rs 1.15 lakh crore from the sector so far.