Unwinding of longs by FPIs signals caution on indices

Unwinding of longs by FPIs signals caution on indices
While analysts like Rohit Srivastava of IndiaCharts and Rajesh Palviya of Axis Securities maintained the trend was bullish, they differed on the prospects of financials, with Srivastava expecting the Bank Nifty to lag the Nifty’s performance.