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Can Budget stop $23 billion FII exodus? Here's what stock market investors are betting on

The article discusses the significant withdrawal of billions of dollars by foreign investors from Indian stocks, and the market's anticipation of Finance Minister Nirmala Sitharaman's upcoming Budget. The government is considering tax relief for foreign portfolio investors, and broader reforms to attract capital are also expected. The Budget's focus will be on boosting earnings growth and offering tax incentives to encourage foreign investment back into India.