Sunil Subramaniam on why private bank stocks keep falling and what investors should buy right now
Analysis of this story by et_markets · 12 Mar 2026, 9:58 AM IST (about 2 months ago)
AI Analysis
The banking sector, particularly private banks, is under pressure from FII outflows and broader macroeconomic concerns like rising oil prices and a strong dollar. This contrasts with PSU banks which have recently seen more positive sentiment.
Trading Insight
Short-term bearish bias for private banking stocks; look for opportunities in PSU banks if the trend of FII selling in private banks continues.
Quick check: HDFCBANK bearish bias (oversold), ICICIBANK bearish bias (oversold).
Key Evidence
- •Indian private banking stocks are facing selling pressure.
- •Foreign institutional investors (FIIs) are driving this trend through ETF outflows, short positions in futures, and direct stock selling.
- •Domestic investors are not stepping in to buy.
- •A stronger dollar and rising oil prices are adding to market concerns.
- •Experts advise a cautious approach, suggesting to buy dips gradually over time.
People in this Story
S
Sectors:Banking
Sources and updates
Original source: et_markets
Published: 12 Mar 2026, 9:58 AM IST
Last updated on Anadi News: 12 Mar 2026, 10:34 AM IST
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