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President Donald Trump minimized the national security risks of TikTok, days after giving the app a chance to avoid shutdown. He suggested that other electronic products made in China might be a bigger threat. Despite concerns, Trump has credited TikTok for improving his standing among young voters and extended the ban by 75 days.
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Retail investors have increased their stakes in certain smallcap stocks during the December quarter despite market corrections. Notable performers include Kitex Garments, V2 Retail, and Indraprastha Medical, which have doubled investor wealth in six months. However, experts advise caution given the inherent risks in smallcap investments.
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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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