Nifty Plunges 1.7% in 4 Days: Is a Major Market Correction Looming?

• Sensex and Nifty experienced significant declines, with Nifty falling 1.7% in four days and closing below 26,000 for the first time in 2026.
• US President Donald Trump's proposed 500% tariff on countries buying Russian oil, including India, is a major factor behind the market's downturn.
• Continuous selling by Foreign Institutional Investors (FIIs) and pressure on metal stocks further contributed to the negative investor sentiment.
• Experts note Nifty remains above its 55-day EMA, with 25,850 acting as strong support, potentially leading to a rebound if held.
• The market needs a positive trigger, such as favorable data or government announcements, to reverse the current weak trend, amidst fears of increased US tariffs on India.

Why It Matters: Nifty's sharp fall raises correction fears, driven by Trump's tariff threats and FII selling, despite some technical support.