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Back with a bang! Foreign investors bet on financials, record

The times of india thumbnail

“The financial services sector accounts for nearly 40% of the benchmark index, so it naturally attracts significant investment flows. It is a large, liquid sector with strong growth prospects and, in our view, remains undervalued,” said Vikas Gupta, CEO of OmniScience Capital. “Financial services are likely to continue being the preferred sector for long-term investors, including foreign portfolio investors,” he was quoted as saying by ET