Nifty ends lower, breaks four-day winning streak on 2nd day of CAS

Nifty ended lower on Tuesday, closing at 24,614.90, ending its four-day winning streak as investors turned cautious amid mixed global cues. Market sentiment was under pressure as the second day of the Closing Auction System (CAS) influenced trading activity and profit booking. Under CAS, which debuted on Monday, official stock closing prices are determined through a single-price auction.