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Markets Retreat as Profit Booking Ends Rally
The Daily Guardian
|July 01, 2025
The Indian stock markets witnessed a decline on Monday as investors booked profit after a rally for the past four sessions.
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43.
"Nifty has closed below the upper Bollinger band, indicating a pause in the rally at the current levels. The pause can likely be the profit booking after a breakout from the 25200 levels," noted Praveen Dwarakanath, Vice President of Hedged.in.
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