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of <h1>BSE Sensex and NSE Nifty Drop as Investors Await RBI Monetary Policy Amid Trade War Concerns and Weak Rupee.</h1> The stock markets experienced a decline as the BSE Sensex fell by 312.53 points to 78,271.28, and the NSE Nifty dropped 42.95 points to 23,696.30. This downturn was driven by cautious investor behavior ahead of the RBI's monetary policy announcement and ongoing trade war concerns. Profit-taking after a recent rally and a record low rupee also impacted market sentiment. Major decliners included companies in the FMCG and banking sectors, while some gains were seen in oil and gas stocks. The RBI began monetary policy deliberations, with a decision expected soon, amidst mixed global market performances.
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