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    <title>Profit booking leading FIIs to sell Indian equities: FM</title>
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    <description>Foreign institutional investor sell-offs are ascribed mainly to profit booking amid good returns rather than structural exit. Government officials view outflows as possibly temporary reallocations in response to global uncertainty, stress market resilience, and caution that intervention would occur only upon evidence of market failure. Recent budget measures and periodic customs and safeguard duty reviews are presented as growth-supportive and investor-friendly steps while acknowledging India&#039;s exposure to global headwinds.</description>
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