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Nifty falls; blue-chips slump on profit-taking

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Reuters
Last Updated : May 26 2014 | 3:45 PM IST

Reuters Market Eye - The Nifty fell on Monday, giving up earlier gains of nearly 2 percent, due to profit-taking in blue-chips including state-run companies such as IDFC while caution ahead of Narendra Modi's ministerial appointments also weighed.

IDFC provisionally fell 5.3 percent while Tata Power Co ended 3.9 percent lower.

The Nifty lost 0.1 percent after earlier gaining 1.9 percent, while the benchmark Sensex provisionally closed 0.1 percent higher, giving up earlier gains of 1.95 percent.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: May 26 2014 | 3:38 PM IST

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