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Markets settle lower on profit booking

The New Indian Express Coimbatore

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May 28, 2025

THE stock market witnessed a fierce battle between bulls and bears in Tuesday's highly volatile session, with the bears ultimately taking control.

- ARSHAD KHAN @New Delhi

The Nifty opened flat at 24,956 but quickly faced selling pressure, plunging to an intraday low of 24,737. Just as the bears seemed dominant, the index staged a sharp rebound, surging to a day's high of 25,062. However, the second half saw another wave of profit-booking, erasing all gains and dragging the Nifty to a fresh low of 24,704 before closing near the day's lowest level. Nifty settled at 24,826, down 175 points (0.70%).

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