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<h1>Sensex and Nifty Dip Amid Volatility; ITC Profits Drop, Airtel Gains; Eyes on RBI Rate Decision</h1> Benchmark indices Sensex and Nifty traded lower amid volatility ahead of the Reserve Bank of India's monetary policy decision. Sensex fell 87.32 points to 77,970.84, and Nifty dropped 32.6 points to 23,570.75. Major laggards included PowerGrid, ITC, and Reliance Industries. ITC Ltd reported a 7.27% decline in net profit due to subdued demand and rising input costs. Bharti Airtel's stock rose nearly 4% following a significant profit increase. Market focus is on the RBI's expected interest rate cut. Asian markets showed mixed trends, while US markets closed mostly higher. FIIs sold equities worth Rs 3,549.95 crore.
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