<h1>GST rate pruning focus may trigger sectoral reallocation, driving stock specific market moves amid continued foreign outflows.</h1> GST Council deliberations on proposed pruning of goods and services tax rates commanded market focus, with potential rate changes expected to affect FMCG, consumer discretionary and sin tax linked sectors and prompt stock specific investor reallocation. Concurrently, persistent foreign institutional investor outflows and weak global cues produced early declines in benchmark equity indices, reinforcing a cautious market tone while some industrial and defense stocks gained.