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Foreign institutional investors (FIIs) offload Rs 35,658 crore in Indian stocks in early January, citing rising US bond yields and a weakening rupee. Financials suffer the most with Rs 12,200 crore sold, while minimal buying is seen in textiles and media. Analysts recommend focusing on quality stocks and defensive sectors, anticipating continued volatility.
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Sunil Subramaniam, Market Expert, expects the Budget to focus on boosting consumer spending, particularly supporting those at the economic bottom. He predicts minimal tax changes, possibly increasing the lower tax threshold. Domestic institutional investors will likely view this positively, as increased consumption could drive private sector capex and overall economic growth.
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News and Media
President Donald Trump's actions to cut federal diversity programs have impacted companies globally, prompting leaders at the World Economic Forum to reaffirm commitment to DEI initiatives, albeit under new terminologies. Despite Trump's measures, many companies maintain that fostering diversity remains crucial for innovation and business success, as echoed by executives and investors alike.
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