š”š²šš š¦ššŗšŗš®šæš
ā¢ Hedge fund manager Samir Arora is extremely bullish on largecap financial stocks, particularly HDFC Bank, which is his all-time favourite and makes up 8.9% of Helios Capital's total assets under management.
ā¢ Arora expects FIIs to pour money into the Indian market in 2024, with a focus on the financial sector due to its high weightage in Nifty 50.
ā¢ Other major sectors with high weightage in Nifty are IT and consumer goods, but Arora believes FIIs will prefer financials or companies like Reliance over these sectors.