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    <title>Stock markets trade lower in early trade amid persistent foreign fund outflows, tariff jitters</title>
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    <description>Effective imposition of US tariffs on Indian imports coincided with substantial net selling by Foreign Institutional Investors and strong buying by Domestic Institutional Investors, exerting downward pressure on benchmark indices in early trade. Market analysts link sustained FII liquidation to elevated valuations and weak near term earnings prospects, while DIIs have provided technical support through large purchases; tariff related jitters and trade policy tensions are identified as key drivers of ongoing volatility and capital flow shifts.</description>
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