Bullet Pointing
Closing down the open tip of a match bullet in a die to sharpen the meplat and raise the ballistic coefficient for less drop and drift.
Bullet pointing presses the nose of an open-tip match bullet into a polished forming die that squeezes the jacket opening smaller. A narrower meplat makes the nose more aerodynamic, which raises the ballistic coefficient and can shave a little wind drift and drop at long range.
The work is usually done after meplat trimming, since trimming first squares every tip and pointing then closes them down to a uniform finished shape. The goal is consistency as much as raw aerodynamics, because a batch of bullets that all share the same nose profile behaves more predictably from shot to shot.