Nifty slips below 26,200 as profit booking emerges
pre-market1 source ↓written by the desknot a recommendation
- but closed
- 26,325
- but closed
- 27 points
- due to profit
- 26,175
The Nifty reached a record high of 26,325 but closed down 27 points at 26,175 due to profit booking. This marks the third consecutive session of consolidation, with bears dominating the market. Key performers included UltraTech Cement and Tata Motors, while Max Healthcare faced selling pressure. Traders should watch for potential impacts from the rupee and IIP on the upcoming weekly expiry.
Not investment advice. For informational purposes only.