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Nifty Drops Below 24,800 Mark; Metal Stocks Weigh Down Markets

  • By admin
  • May 28, 2025
  • 48 Views

📉 Nifty Drops Below 24,800 Mark; Metal Stocks Weigh Down Markets


📉 Markets Trade in Red Despite Positive Global Cues

🕧 As of 12:30 PM:

  • 📊 Sensex slips 149 pts to 81,402 (-0.19%)
  • 📉 Nifty falls 47 pts to 24,779 (-0.19%)

💼 What’s Dragging the Market?

  • 💸 Fund outflows due to large block deals
  • 📈 Heightened IPO activity adds pressure
  • ⚒️ Metal stocks extend losses for 2nd straight session

📈 Broader Market Shines:

  • 🔹 BSE MidCap index up 0.24%
  • 🔸 BSE SmallCap index rises 0.68%

🧠 Investor sentiment remains cautious despite strong global cues.

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