Every second FII dollar now chasing financial stocks: Should you join the stampede?

Foreign investors are bullish on Indian financials, injecting ₹23,000 crore in April's second half, favoring banks amid improved margins and stable asset quality. While IT, auto, and metals face outflows, capital goods, telecom, and oil & gas attract interest. Experts advise selective optimism, noting potential margin pressures despite a positive outlook for large private banks.