Stock market today, May 27 -- Indian stock market indices experienced a decline in Tuesday's session, weighed down by losses in the financial and IT sectors amidst weakness in regional markets and widespread profit-taking. Despite rebounding for a while, Nifty 50 decreased by 0.26% to 24,934.20, while the Sensex dropped 0.32% to 81,912.58 as of 12:19 IST.
Analysts observed that investors might be retreating after the Nifty 50 closed above 25,000 on Monday, a pattern seen over the past couple of weeks. As experts indicated, investors adopted a cautious stance ahead of the release of industrial and manufacturing production figures for April on Wednesday, along with the first quarter GDP results anticipated later this week.
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