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.

by shortkt.com
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Nifty snaps four-day rally, closes down on day two of CAS | ShortKT