Indian Stocks Dip: Sensex Falls 504 Points Amid Profit Booking, Global Cues

• Indian stock indices, Sensex and Nifty, settled lower on Thursday due to profit booking after a recent rally.
• Sensex closed down 503.76 points (0.60%) at 83,313.93, while Nifty fell 133.20 points (0.52%) to 25,642.80.
• Analysts like Vinod Nair of Geojit Investments cited profit booking following optimism from the India-US trade deal.
• Global factors, including a tech sell-off and US-Iran tensions, also contributed to the market decline.
• Investors are now focused on the upcoming RBI policy meeting, with expectations of a status quo on rates.