Stock Market Plunges for Fourth Day, Nifty Below 25900; Fears Mount
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CNBC Awaaz08-01-2026, 19:09

Stock Market Plunges for Fourth Day, Nifty Below 25900; Fears Mount

  • Market witnessed a fourth consecutive day of decline, with Nifty closing below 25900, down over 250 points.
  • Both Sensex and Nifty slipped below their 50 DMA, a level last seen in October, indicating market pressure.
  • Experts warn of continued weakness if Nifty stays below 26,000, potentially sliding to 25,460.
  • Weak sentiment may persist with Nifty below 26,000 and Sensex below 84,500, targeting lower ranges.
  • Investors await US payroll data and monitor geopolitical concerns in Greenland and Venezuela.

Why It Matters: Market decline continues, experts warn of further weakness amid global concerns and key technical levels.

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