Sunil Subramaniam on why private bank stocks keep falling and what investors should buy right now

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.

• •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.