Nifty Below 26,000: Experts Predict More Downside, US Fed Decision Crucial

• Nifty closed below 26,000 support at 25,961, marking its weakest close in 9 sessions and indicating a weakening market trend.
• Midcap and smallcap indices experienced sharp declines, with investor wealth erosion of approximately ₹7.5 lakh crore.
• The market is anticipating the US Federal Reserve's policy announcement and is also influenced by significant IPO activity.
• Experts forecast continued short-term volatility and potential further correction, identifying key support levels at 25,891 and 25,722.
• Recent India-Russia agreements across various sectors provide some positive sentiment amidst the market downturn.

Why It Matters: Nifty's fall and expert warnings signal continued market volatility for investors.