Market Plunges 4th Day: Experts Predict Consolidation, Key Levels for Dec 30

• Indian stock market indices (Sensex, Nifty) closed lower for the fourth consecutive day on December 29, with Sensex down 345.91 points and Nifty down 100.20 points.
• Low trading volumes, continuous FII selling, and lack of directional triggers contributed to the market's weak sentiment and deeper fall in broader markets.
• Experts predict continued consolidation for Nifty; support seen at 25,900, with 26,000 acting as initial resistance.
• Nifty must sustain above 26,050-26,077 to avoid further decline, potentially falling to 25,935-25,850 if key levels are not held.
• Defense stocks like BEL, BEML, BDL, and HAL are in focus after DAC approved defense deals worth Rs 80,000 crore.

Why It Matters: Indian market closed lower for 4th day; experts foresee consolidation and potential further decline.