Rs 19,000 crore FII selloff: Banks, IT, FMCG worst hit. Metals only bright spot

Foreign institutional investors have divested Rs 19,015 crore from Indian equities in early 2026, heavily impacting banks, IT, and FMCG sectors. Metals, however, emerged as a bright spot, attracting significant foreign inflows. Despite the sell-off, domestic brokerages see opportunities in diversified financials, banks, and healthcare.