Financials set to outperform despite FII selling, says Mayuresh Joshi. Picks Kotak Bank, 2 other banks

Despite foreign institutional investors selling financial stocks, analyst Mayuresh Joshi from Marketsmith believes the sector is poised for growth due to easing valuations. He highlights Kotak Mahindra Bank, Bank of Baroda, and Karur Vysya Bank as promising picks. Stabilizing deposits, stronger asset quality, and potential earnings growth support a positive outlook for banking stocks.