Nifty Grinds Lower, Broader Market Pain Ahead of Fed Decision

• Nifty extended its losing streak for a third straight session, closing at 25,758, with broader markets also experiencing significant declines.
• Bears remained in control, making it a "sell-on-rise" market as the Nifty struggled to hold key levels.
• Meesho made a bumper market debut, listing with a 46% premium over its issue price.
• Global attention is on the US Federal Reserve, widely expected to cut interest rates by 25 basis points.
• Experts indicate Nifty is near a crucial support zone of 25,700-25,600, with a breakdown potentially leading to further weakness.

Why It Matters: Fed decision and market trends will dictate future investment strategies.