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Stock markets snap two-day rally
Orissa POST
|May 28, 2025
Snapping the two-day gaining streak, benchmark Sensex tumbled nearly 625 points Tuesday due to profit-taking in banking, IT and auto shares.
The 30-share BSE Sensex dropped 624.82 points or 0.76 per cent to settle at 81,551.63 in a volatile session. During the day, the barometer tanked 1,054.75 points or 1.28 per cent to 81,121.70. As many as 25 Sensex shares declined while five advanced.
The 50-issue NSE Nifty declined 174.95 points or 0.70 per cent to 24,826.20. The barometer saw sharp swings, but sustained profit-taking in heavyweight stocks dragged the index down. Key indices Sensex and Nifty had advanced around 1.5 per cent in the past two sessions.
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