Let us assume FPI buying continues. That last month was not a one-off, but the start of a trend. If so, then sooner or later this money will flow into banking stocks. Why? Because banks are the clearest proxy for the growth of an economy, and this is even more true in India. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.