Three bank stocks FIIs quietly bought in June quarter. Should you take a closer look?
Foreign institutional investors (FIIs) increased their stakes in Jammu & Kashmir Bank, among a few others, during the June 2026 quarter, signaling confidence in the bank's recovery and growth. The bank's FII ownership rose from 8.4% to 9.4%, reflecting its operational turnaround and improved financial performance after years of losses. However, analysts caution that rising FII ownership should not be the sole basis for investment decisions, emphasizing the need to evaluate fundamentals and valuations.