True: The NSE Nifty edged 23 points down on 31 May 2019 to settle below the 12,000-mark.

The historical data of the Nifty 50 Index available on the official National Stock Exchange website is in conformity with the statement.Nifty 50 is an average of 50 Indian company stocks in 12 sectors. On 31 May, it opened at 11999 and closed at 11922. The index was lower by 23 points, because of the heavy selling pressure in banking, auto, and metal stocks. It is consistent with the reports published by the Times Now and the Economic Times news websites.