Nifty snaps four-day rally, closes down on day two of CAS
On Tuesday, the Nifty finished in the red at 24,614.90, snapping a four-day streak of gains as global uncertainty made investors wary. Market mood remained strained due to profit-taking and the impact of the second day of the Closing Auction System (CAS). The CAS, which launched on Monday, sets official closing prices for stocks using a single-price auction mechanism.