Market strategist Samir Arora says recent foreign institutional investor (FII) selling could be followed by a renewed rally led by banks, with his view centered on the Nifty index. In his assessment, a potential 10% gain in the Nifty is expected to help “flip” the broader market narrative toward financials. While he places emphasis on the banking sector, Arora also outlines additional areas he is watching beyond finance. These include capital goods companies and firms positioned to benefit from the “China-plus-one” supply-chain strategy, which encourages diversification of manufacturing and sourcing away from China. He also points to opportunities in “new-age” businesses, suggesting he sees potential for growth in sectors tied to emerging themes, rather than focusing exclusively on banking. Overall, the commentary ties Arora’s near-term outlook to the possibility that risk sentiment changes after the FII selloff, while maintaining a diversified set of sector bets across industrial and newer growth segments.